To amend the Community Reinvestment Act of 1977 to allow community reinvestment credit for investments and other financial support to enable veterans to purchase residential homes or to assist organizations with the establishment of housing opportunities and assisted living facilities for veterans.
A Home for the Brave Act - Amends the Community Reinvestment Act of 1977 to require that, when a federal financial supervisory agency assesses the record of a financial institution, the agency consider capital investments, low interest loans, loan participation, technical assistance, and grants made by the institution to support or enable: (1) a veteran to purchase a home for use as principal residence; and (2) any entity establishing housing opportunities or assisted living facilities for veterans to carry out such activities.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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