WASHINGTON, DC – U.S. Senator Jacky Rosen (D-NV) announced that she helped introduce the bipartisan VA Home Loan Awareness Act to increase awareness of the VA Home Loan Program and help veterans achieve home ownership. The VA Home Loan Program offers unique benefits to veterans to help them finance their home purchases, including no down payment, no private mortgage insurance, and typically lower interest rates than conventional housing loans. Despite these benefits, only 13 percent of veterans ever utilize their VA Home Loan benefit, and only half of home-owning veterans say they were made aware of the benefit by their lender.
“As Nevada continues to face a housing crisis, I’m joining bipartisan legislation to help ensure veterans have all of the information they need to make buying a home easier and more affordable,” said Senator Rosen. “The men and women who served our nation in uniform made incredible sacrifices, and it’s our responsibility to ensure they receive the benefits they’ve earned.”
Senator Rosen has worked consistently to deliver for Nevada’s veterans and help them receive their benefits. Earlier this year, she announced that a bipartisan Rosen-backed bill to expand veterans benefits outreach became law. Senator Rosen’s bipartisan legislation to require the U.S. Department of Veterans Affairs (VA) to maintain a permanent helpline for veterans to use for information on VA services is now law as part of the National Defense Authorization Act for Fiscal Year 2025. She also successfully pushed President Biden to include the construction of a new VA hospital in Reno in his 2024 Budget Request and helped introduce and pass bipartisan legislation to officially authorize its construction.
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