HR 3039 · 105th Congress · Armed Forces and National Security
Veterans Transitional Housing Opportunities Act of 1998
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: See H.R.4110.(1998-10-10)
Recorded Votes
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Plain Language Summary
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Veterans Transitional Housing Opportunities Act of 1997 - Authorizes the Secretary of Veterans Affairs to guarantee the full or partial repayment of loans for the provision of multifamily transitional housing (MTH) for homeless veterans. Sets a maximum of 15 of such loans, a maximum loan guarantee amount of $100 million, and a loan guarantee period of three years. Outlines provisions concerning: (1) loan requirements; (2) requirements for veterans being provided MTH assistance; and (3) loan default procedures. Establishes the Multifamily Transitional Housing Guarantee Fund for the deposit and receipt of funds for the payment of such loan guarantees. Requires each MTH project to be audited during its first three years of operation. Authorizes the Secretary of the Treasury to invest the National Service Life Insurance Fund in certain securities and specifies the use of the proceeds.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 3039, Veterans Transitional Housing Opportunities Act of 1998
Mar 13, 1998Cost estimate for the bill as ordered reported by the House Committee on Veterans' Affairs on March 11, 1998
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (12)
8 Democrats4 Republicans