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
Agency: Department of Veterans Affairs
Office: Veterans Benefits Administration
Type(s) of Assistance Offered
In fiscal years 2007 and 2008, no direct loans were made in conjunction with Specially Adapted Housing grants. In fiscal year 2009, no loans are expected.
38 U.S.C. 3711.
Who is eligible to apply/benefit from this assistance?
Veterans who served on active duty on or after September 16, 1940 and are eligible for a Specially Adapted Housing grant.
Permanently and totally disabled veterans.
What is the process for applying and being award this assistance?
None. This program is excluded from coverage under E.O. 12372.
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.
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.
Approval/Disapproval Decision Time
From 20 to 60 days.
Denial of eligibility is appealable through Board of Veterans' Appeals. In the event of a denial, claimants are advised of appeal rights and procedures at the time of notification.
How are proposals selected?
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?
Other Assistance Considerations
Formula and Matching Requirements
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.
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.
Department of Veterans Affairs, Washington, DC 20420. Telephone: (202) 461-9511.
(Guaranteed Loans) FY 07 $0; FY 08 est $0; and FY 09 est $0.
Range and Average of Financial Assistance
Up to $33,000.
Regulations, Guidelines and Literature
"Questions and Answers on Specially Adapted Housing for Veterans," VA Pamphlet 26-69-1, no charge; "Federal Benefits for Veterans and Dependents," VA Pamphlet 80-0-01, $5.00, available from Superintendent of Documents, P.O. Box 371954, Pittsburgh, PA 15250-7954. The stock number is 051-000-00233-4. "Handbook For Design, Specially Adapted Housing," VA Pamphlet 26-13, available to eligible veterans only.
Examples of Funded Projects