Veterans Housing Direct Loans for Certain Disabled Veterans

 

To provide veterans who are eligible for a Specially Adapted Housing grant with loan directly from the VA in certain circumstances.

General information about this opportunity
Last Known Status
Active
Program Number
64.118
Federal Agency/Office
Veterans Benefits Administration, Department of Veterans Affairs
Type(s) of Assistance Offered
E - Direct Loans
Program Accomplishments
Not applicable.
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
Veterans who served on active duty on or after September 16, 1940 and are eligible for a Specially Adapted Housing grant.
Beneficiary Eligibility
Permanently and totally disabled veterans.
Credentials/Documentation
Not applicable.
What is the process for applying and being award this assistance?
Pre-Application Procedure
Preapplication coordination is not applicable.
Application Procedure
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. The veteran should apply to the VA regional office having jurisdiction over the property location. No specific initial application form is prescribed. The VA office will respond directly to the veteran.
Award Procedure
The VA office coordinates loan disbursement with payout of the related Specially Adapted Housing grant. Loan closing is conducted through a loan closing agent assigned by the VA office.
Deadlines
Not applicable.
Approval/Disapproval Decision Time
Not applicable.
Appeals
Not applicable.
Renewals
Not applicable.
How are proposals selected?
Not applicable.
How may assistance be used?
VA may make loans up to $33,000 to eligible applicants if (a) the veteran is eligible for a VA Specially Adapted Housing grant, and (b) a loan is necessary to supplement the grant, and (c) home loans from a private lender are not available in the area where the property involved is located.
What are the requirements after being awarded this opportunity?
Reporting
Not applicable.
Auditing
Not applicable.
Records
Not applicable.
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing.
Length and Time Phasing of Assistance
Loan proceeds may be disbursed in one lump sum when an existing suitable housing unit is involved or in phases in construction cases. Method of awarding/releasing assistance: .
Who do I contact about this opportunity?
Regional or Local Office
See Department of Veterans Affairs field office listed in the Appendix IV of the Catalog.
Headquarters Office
Department of Veterans Affairs, Washington, DC 20420. Telephone: (202) 461-9511.
Website Address
http://www.va.gov.
Financial Information
Account Identification
36-4127-0-3-704
Obligations
(Not Applicable) FY 07$0.00; FY 08 est $0.00; FY 09 est $0.00; - (Guaranteed Loans) FY 07 $0; FY 08 est $0; and FY 09 est $0.
Range and Average of Financial Assistance
Not applicable/available.
Regulations, Guidelines and Literature
Not applicable.
Examples of Funded Projects
Not applicable.

 


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