Fair Access to Co-ops for Veterans Act of 2025
The summary
What this bill does
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.
Legislative timeline
From introduction
Mar 3, 2025
Introduced & referred to committee
Congressional support
Sponsors & Cosponsors
U.S. Representative - NY District 6 · D-NY
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 119 |
| Bill Type | HR |
| Bill Number | 1803 |
| Origin Chamber | House |
| Current Status | Forwarded by Subcommittee to Full Committee by Voice Vote. |
| Policy Area | Armed Forces and National Security |
| Primary Committee | Not assigned |
| Introduced | March 3, 2025 |
| Latest Action | February 24, 2026 |
| Cosponsors | 4 · House vote — · 1 views |