A Republican bill with no cosponsors
Last activity — Placed on the Union Calendar, Calendar No. 257.
Cleared committee, waiting for its first floor vote
A committee approved it and it is on the calendar of the chamber it started in.
This is further than most bills get, and still no promise of a vote: the calendar is a queue, and the majority leadership decides what is called. A bill can sit here until the Congress ends.
Its path through Congress
- Introduced
- On Calendar
What this bill would do
The "Homes for Heroes Act" aims to amend title 38 of the United States Code. It seeks to increase the maximum amount of housing loan guaranty entitlement available to certain veterans through the Secretary of Veterans Affairs. Additionally, the bill proposes specific adjustments to the loan fee table for interest rate reduction refinancing loans. These changes are structured across various timeframes extending through 2035.
Yes
- Scored +6
Would veterans be better off under this, taking everything together?
The bill expands housing loan entitlements and provides structured refinancing fee adjustments for veterans.
- Scored +6
Does this increase the pay, pensions or support veterans receive?
The bill increases the maximum housing loan guaranty entitlement available to certain veterans through the Secretary of Veterans Affairs.
- Scored +5
Does this make housing cost less?
The bill increases the maximum housing loan guaranty entitlement for certain veterans, aiding home ownership accessibility.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased Loan Entitlement: Under Section 2, the bill increases the housing loan guaranty entitlement from 25 percent of the Freddie Mac conforming loan limit to 37.5 percent of that limit, which provides more entitlement to certain veterans.
-
Adjusted Refinancing Fees: Section 3 updates the loan fee table for interest rate reduction refinancing loans. For example, loans closed between December 31, 2025, and December 31, 2027, would have a fee of 0.25.
Potential Negative Impacts for People
- Higher Fees in Future Years: According to the updated fee table in Section 3, interest rate reduction refinancing loans closed between October 1, 2031, and December 31, 2035, would face a higher fee of 0.75 compared to the 0.25 fee available in the intervening years.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would veterans be better off under this, taking everything together? — The bill expands housing loan entitlements and provides structured refinancing fee adjustments for veterans.
- National Security And Foreign Policy
- Does this increase the pay, pensions or support veterans receive? — The bill increases the maximum housing loan guaranty entitlement available to certain veterans through the Secretary of Veterans Affairs.
- Social Issues And Justice
- Does this make housing cost less? — The bill increases the maximum housing loan guaranty entitlement for certain veterans, aiding home ownership accessibility.
- 9/18/2025
- Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 119-303.
- Placed on the Union Calendar, Calendar No. 257.
- 7/23/2025
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by Voice Vote.
- 7/3/2025
- Subcommittee on Economic Opportunity Discharged
- 6/11/2025
- Subcommittee Hearings Held
- 5/8/2025
- Referred to the Subcommittee on Economic Opportunity.
- 4/9/2025
- Referred to the House Committee on Veterans' Affairs.
- Introduced in House