A bill to amend title 38 of the United States Code to provide that the Veterans' Administration will not deny financing assistance for the purchase of residential property solely because the property is located in an area identified by a Federal agency as an area subject to the highest noise level resulting from the operation of aircraft at a nearby civilian or military airport.

Prohibits the Veterans' Administration from refusing to guarantee, insure, or make a home loan to veterans solely because the property is located in an area identified by a Federal agency as the area which is most adversely affected by the noise from the operation of nearby civilian or military airports.

Directs the Administrator of Veterans' Affairs, when providing assistance under such conditions, to notify the buyer regarding the nature of such property.