H.R. 8607, known as the "VA Housing Loan Forever Act of 2024," aims to amend title 38 of the United States Code to allow certain legatees of veterans to become eligible for housing loans guaranteed by the Secretary of Veterans Affairs. It allows living veterans who served between 1944 and...
Simple Explanation
The bill lets certain family members of old soldiers use special loans to buy homes, even if the soldiers haven’t used them yet. It makes sure the soldiers can change their mind if the loans haven’t been used, and sets rules for how the family can use these loans.