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The law › Title 38, Veterans' Benefits › Chapter 37

38 U.S.C. 3704: Restrictions on loans

Created in 1958 by Public Law 85-857. Changed by 16 later laws. No bill we track in this Congress changes it.

5 other sections of the Code cite this one, including 38 U.S.C. 3706, 38 U.S.C. 3710, 38 U.S.C. 3711, 38 U.S.C. 3712, 38 U.S.C. 3762.

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2022

    • Pub. L. 117–328 substituted "the standards established under such section 109, as in effect on the date of such construction" for "such standards". (Consolidated Appropriations Act, 2023) Law text · (f)

    2012

    • Pub. L. 112–154 amended par. (2) generally. Prior to amendment, par. (2) read as follows: "In any case in which a veteran is in active duty status as a member of the Armed Forces and is unable to occupy a property because of such status, the occupancy requirements of— (Honoring America's Veterans and Caring for Camp Lejeune Families Act of 2012) Law text · (c)

    1994

    • Pub. L. 103–446 redesignated subsecs. (f) and (g) as (e) and (f), respectively, and struck out former subsec. (e) which read as follows: "No loan for the purchase or construction of new residential property (other than property served by a water and sewerage system approved by … · (e), (f), (g)

    1992

    • Pub. L. 102–486 added subsec. (g). · (g)

    1991

    • Pub. L. 102–83, §5(a), renumbered section 1804 of this title as this section.
    • Pub. L. 102–83, §5(c)(1), substituted "3710(a)" for "1810(a)" in subpar. (B), "3712(a)(5)(A)(i)" for "1812(a)(5)(A)(i)" in subpar. (C), and "3712(e)(5)" for "1812(e)(5)" in subpar. (D). · (c)
    • Pub. L. 102–83, §5(c)(1), substituted "3714" for "1814" in two places. · (f)

    1989

    • Pub. L. 101–237 substituted "Secretary" for "Administrator" wherever appearing. · (a), (b), (c)

    1988

    • Pub. L. 100–322, §415(c)(3)(A), substituted "1812(a)(5)(A)(i)" for "1819(a)(5)(A)(i)". · (c)
    • Pub. L. 100–322, §415(c)(3)(b), substituted "1812(e)(5)" for "1819(e)(5)". · (c)
    • Pub. L. 100–322, §415(c)(3)(C), substituted "section 1814" for "section 1817A" in two places. · (f)

    1987

    • Pub. L. 100–198, §8(a), designated existing provision as par. (1), substituted "Except as provided in paragraph (2) of this subsection, no" for "No" in first and second sentences, and added par. (2). · (c)
    • Pub. L. 100–198, §10(b), added subsec. (f). · (f)

    1982

    • Pub. L. 97–295 inserted "(12 U.S.C. 1749aa et seq.)" after "the National Housing Act", and substituted "August 10, 1965" for "the date of the enactment of the Housing and Urban Development Act of 1965". · (e)

    1976

    • Pub. L. 94–324, §7(7), substituted "the veteran" for "he" in six places and "the veteran's" for "his" wherever appearing. · (c)
    • Pub. L. 94–324, §7(8), substituted "the Administrator may" for "he may". · (d)

    1974

    • Pub. L. 93–569, §2(e), struck out "under section 512 of that Act" after "determination of the Secretary of Housing and Urban Development". · (b)
    • Pub. L. 93–569, §2(d), inserted provision that, the foregoing provisions notwithstanding, in the case of an automatically guaranteed loan, the veteran is required to make certification only at the time of loan closing. · (c)
    • Pub. L. 93–569, §2(e), struck out "under section 512 of that Act" after "determination of the Secretary of Housing and Urban Development". · (d)

    1970

    • Pub. L. 91–506 substituted "Subject to notice and opportunity for a hearing, the" for "The". · (b)
    • Pub. L. 91–506 substituted "Subject to notice and opportunity for a hearing, whenever" for "Whenever". · (d)

    1967

    • Pub. L. 90–19 substituted "Secretary of Housing and Urban Development" for "Federal Housing Commissioner". · (b), (d), (e)

    1965

    • Pub. L. 89–117 added subsec. (e). · (e)

    1960

    • Pub. L. 86–665 inserted sentence respecting satisfaction of provisions for certification by the veteran at the time he applies for the loan and at the time the loan is closed. · (c)

    1959

    • Pub. L. 86–73, §3(a), authorized the Administrator to refuse to appraise any property if the builder or sponsor of the property had been barred by the Federal Housing Commissioner from participation in the FHA insurance program. · (b)
    • Pub. L. 86–73, §3(b), authorized the Administrator to refuse to guarantee or insure loans if the lender or holder of the loans has been barred by the Federal Housing Commissioner from participation in the FHA insurance program. · (d)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.