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Catalog of Federal Domestic Assistance

Program Descriptions

CATALOG OF FEDERAL DOMESTIC ASSISTANCE

64.118:  Veterans Housing: Direct Loans for Certain Disabled Veterans

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

PROGRAM AND AWARD FINANCIAL AND INFORMATION CONTACTS
ELIGIBILITY REQUIREMENTS FINANCIAL AND ADMINISTRATIVE INFO.
APPLICATION AND AWARD PROCESS INFORMATION CONTACTS
RELATED PROGRAMS ASSISTANCE CONSIDERATIONS
PROGRAM ACCOMPLISHMENTS POST ASSISTANCE REQUIREMENTS


64.118 ELIGIBILITY REQUIREMENTS:

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:  None.

64.118 APPLICATION AND AWARD PROCESS:

Preapplication Coordination:  None. This program is excluded from coverage under E.O. 12372.

Application Procedure:  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:  None.

Range of Approval/Disapproval Time:  From 20 to 60 days.

Appeals:  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.

Renewals:  None.

Criteria for Selecting Proposals:  Not applicable.

Examples of Funded Projects:  Not applicable.

Range and Average of Financial Assistance:  Up to $33,000; $33,000.

64.118 RELATED PROGRAMS:

  • 64.106 Specially Adapted Housing for Disabled Veterans;
  • 64.114 Veterans Housing: Guaranteed and Insured Loans;
  • 64.119 Veterans Housing: Manufactured Home Loans.

64.118 PROGRAM ACCOMPLISHMENTS:

In fiscal year 1999, no direct loans were made in conjunction with Specially Adapted Housing grants. In fiscal year 2000 and fiscal year 2001, one loan totaling $33,000 is expected to be closed each year.

64.118 FINANCIAL AND ADMINISTRATIVE INFO:

Federal Agency:  VETERANS BENEFITS ADMINISTRATION, DEPARTMENT OF VETERANS AFFAIRS

Type of Assistance:  Direct Loans.

Obligations:  (Loans) FY 99 $0; FY 00 est $33,000; and FY 01 est $33,000.

Budget Account Number:  36-4127-0-3-704.

Authorization:  38 U.S.C. 3711.

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 80-99-1, $5.00, available from Superintendent of Documents, P.O. Box 371954, Pittsburgh, PA 15250-7954. The stock number is: 051-000-00217-2. "Handbook For Design, Specially Adapted Housing," VA Pamphlet 26-13, available to eligible veterans only.

64.118 INFO CONTACTS:

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. Phone: (202) 273-7390.

(See Appendix IV for more contact info.)

64.118 ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements:  Not applicable.

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.

Uses and Use Restrictions:  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.

64.118 POST ASSISTANCE REQUIREMENTS:

Reports:  Not applicable.

Audits:  Not applicable.

Records:  Not applicable.

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Last Updated, November, 2000             Comments or Questions?           ©Grant Community.com 2000, All Rights Reserved