NAR Letter to VA Committee Re. Markup

Issue Date: June 27, 2024

This letter thanks House Subcommittee on Economic Opportunity Chair Derrick Van Orden and Ranking Member Mike Levin for holding a markup to examine legislation improving the veteran’s home-buying experience. NAR expresses its support for the following pieces of legislation that strengthen the VA’s home loan guaranty and creates opportunities for veterans entering the workforce:
- H.R. 8647, the VA Home Loan Reform Act, requires the VA to devise a strategy that ensures veterans maintain access to professional representation in the home search process.
- H.R. 8592, the Warriors to Workforce Act, increases the financial support veterans can receive for housing during apprenticeships and on-the-job training. The United States is facing a historic housing supply shortage, along with a shortage of skilled workers that are crucial to adding to the inventory.