Veterans Housing Direct Loans for Certain Disabled Veterans

 

To provide veterans who are eligible for a Specially Adapted Housing grant with a loan directly from VA in instances where a loan is necessary to supplement the grant, and home loans from private lenders are not available in the area where the property involved is located.

Active 64.118 Veterans Benefits Administration, Department of Veterans Affairs E - Direct Loans Not applicable. 38 U.S.C. 3710 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 rated eligible for Specially Adapted Housing (SAH) benefits. Additional information is available on the SAH factsheet https://www.benefits.va.gov/BENEFITS/factsheets/homeloans/SAHFactsheet.pdf. Not applicable. Preapplication coordination is not applicable. 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. The veteran should contact the Loan Production Value stream for information regarding the program. . No specific initial application form is prescribed. The VA Regional Loan Center will engage directly to the veteran. Veterans may call: 1-877-827-3702 (TTY:711) to speak with a VA home loan representative, or submit a request through VA's ServiceNow customer support portal https://yourit.va.gov/csm?id=rlc_pathfinder. The VA Regional Loan Center 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 Regional Loan Center. Not applicable. From 20 to 60 days. In the event of a denial or disagreement, a notification letter will advise of applicable review/appeal options, associated filing requirements and time limits. Not applicable. Not applicable. 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. Not applicable. Not applicable. Loan applications are processed completely by VA Regional Loan Centers. Initial contact should be made with the appropriate office listed in Appendix IV of the Catalog under Veterans Benefits Administration. 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. 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: Lump. See Department of Veterans Affairs field office listed in the Appendix IV of the Catalog. Information on how to contact VA Loan Guaranty Service is located on our website: https://www.benefits.va.gov/HOMELOANS/contact.asp. Heather Sborz - VBA, Loan Guaranty Service
810 Vermont Ave., N.W.
Washington, DC 20420 USA
loanpolicy.vbavaco@va.gov
Phone: (602) 315-0486 https://www.benefits.va.gov/homeloans/index.asp 36-4127-0-3-704 (Direct Loans) FY 22$0.00; FY 23 est $0.00; FY 24 est $0.00; FY 19$17,830,626.00; FY 20 est $17,708,809.00; FY 21 est $33,826.00; - Not applicable/available. 38 C.F.R. ?? 36.4407, 36.4500-4526 Not applicable.