H.R. 5045 · 109th Congress
Home for the Brave Act
- Stage
- In committee
- Sponsor
- Stephen Lynch
- Introduced
- 2006-03-29
- Latest action
- 2006-04-21 · Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Summary
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.