To amend title 38, United States Code, to reauthorize the pilot program providing an opportunity for veterans to buy down the interest rate on VA loans, and for other purposes.
Let Our Military Personnel Buy a Home Act of 1999 - Extends through FY 1999 a pilot program under which the Secretary of Veterans Affairs may make payments on behalf of eligible veterans for buying down the interest rate on federally guaranteed veterans' loans for housing within housing shortage areas at military installations. Makes $25 million available from the Department of Defense during each of FY 2000 through 2002 for such purpose.
Introduced in House
Introduced in House
Referred to the House Committee on Veterans' Affairs.
Sponsor introductory remarks on measure. (CR H622)
Referred to the Subcommittee on Benefits.
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