FEDERAL
AGENCY:
VETERANS
BENEFITS ADMINISTRATION, DEPARTMENT OF VETERANS AFFAIRS
AUTHORIZATION:
38
U.S.C. 3711.
To
provide veterans who are eligible for a Specially Adapted Housing
grant with loan directly from the VA in certain circumstances.
TYPES
OF ASSISTANCE:
Direct Loans.
Place Cursor Here for Definition
|
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.
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.
APPLICATION
AND AWARD PROCESS:
Pre-application
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.
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.
POST
ASSISTANCE REQUIREMENTS:
Reports:
Not applicable.
Audits:
Not applicable.
Records:
Not applicable.
FINANCIAL
INFORMATION:
Account
Identification: 36-4127-0-3-704.
Obligations:
(Loans) FY 01 $0; FY 02 est $33,000; and FY 03 est $33,000.
Range
and Average of Financial Assistance:
Up to $33,000.
PROGRAM
ACCOMPLISHMENTS:
In fiscal year 2001, no direct loans were made in conjunction with
Specially Adapted Housing grants. In fiscal year 2002 and fiscal
year 2003, one loan totaling $33,000 is expected to be closed each
year.
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 80-00-1, $5.00, available from Superintendent of Documents,
P.O. Box 371954, Pittsburgh, PA 15250-7954. The stock number is:
051-000-00220-2. "Handbook For Design, Specially Adapted Housing,"
VA Pamphlet 26-13, available to eligible veterans only.
INFORMATION
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. Telephone: (202) 273-7390.
Web
Site Address: http://www.va.gov
EXAMPLES
OF FUNDED PROJECTS:
Not applicable.
CRITERIA
FOR SELECTING PROPOSALS:
Not applicable.
