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H.R. 1803 House Armed Forces and National Security

Fair Access to Co-ops for Veterans Act of 2025

Introduced
Mar 3, 2025
Sponsor
Rep. Meng, Grace (D-NY-6)
View on Congress.gov

STAGE 2 OF 8 — COMMITTEE CONSIDERATION

Currently in the House. Last action: forwarded by subcommittee to full committee by voice vote on Feb 24, 2026.

  1. House Introduced in House Mar 3, 2025
  2. House Referred to the House Committee on Veterans' Affairs. Mar 3, 2025
  3. House Referred to the Subcommittee on Economic Opportunity. Mar 10, 2025
  4. House Subcommittee Hearings Held Mar 11, 2025
  5. House Subcommittee Consideration and Mark-up Session Held Feb 24, 2026
  6. House Forwarded by Subcommittee to Full Committee by Voice Vote. Feb 24, 2026

Cosponsors

4

Subjects

Administrative law and regulatory proceduresCooperative and condominium housingDepartment of Veterans AffairsGovernment lending and loan guaranteesMarketing and advertisingUser charges and feesVeterans' loans, housing, homeless programs

Committees

  • Veterans' Affairs Committee
    • [Referred To, Mar 3, 2025]

Summary

Fair Access to Co-ops for Veterans Act of 2025

This bill revives and makes permanent the authority of the Department of Veterans Affairs (VA) home loan guarantee program to guarantee loans for a veteran’s purchase of stock or membership in a cooperative housing corporation (i.e., co-op) for the purpose of entitling the veteran to occupy a single family residential unit.

For purposes of the administration of such loans, the bill

  • establishes a fee rate of the usual fee plus 3.25% of the total amount of the loan,
  • treats such cooperative housing units as residential property for purposes of imposing restrictions and liabilities, and
  • guarantees up to 25% of the amount of the loan for loans exceeding $144,000. 

Additionally, the bill requires the VA to advertise the availability of loan guarantees for cooperative housing unit loans, including by issuing guidance and notifying eligible veterans.

[Summary as of: Introduced in House]

Bill Text

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