The law › Title 38, Veterans' Benefits › Chapter 37
38 U.S.C. 3711: Direct loans to veterans
Created in 1958 by Public Law 85-857. Changed by 20 later laws. No bill we track in this Congress changes it.
2 other sections of the Code cite this one, including 38 U.S.C. 3710, 38 U.S.C. 3729.
- past change
- enacted this Congress
- proposed
This Congress
No bill we track in the 119th Congress changes this section.
How it got here
1998
- Pub. L. 105–368 struck out "and section 3723 of this title" after "functions under this section" in two places. (Veterans Programs Enhancement Act of 1998) Law text · (k)
1991
- Pub. L. 102–83, §5(a), renumbered section 1811 of this title as this section.
- Pub. L. 102–83, §5(c)(1), substituted "3710 or 3712" for "1810 or 1812". · (a)
- Pub. L. 102–83, §5(c)(1), substituted "3710 or 3712" for "1810 or 1812", "3710(a) or 3712" for "1810(a) or 1812", and "3710(a)(8) or 3712(a)(1)(F))" for "1810(a)(8) or 1812(a)(1)(F))". · (b)
- Pub. L. 102–83, §5(c)(1), substituted "3710 or 3712" for "1810 or 1812". · (c)
- Pub. L. 102–83, §5(c)(1), substituted "3712" for "1812" and "3710" for "1810" in subpars. (A) and (B). · (d)
- Pub. L. 102–83, §5(c)(1), substituted "3710(a)" for "1810(a)". · (e)
- Pub. L. 102–83, §5(c)(1), substituted "3710 or 3712" for "1810 or 1812". · (g)
- Pub. L. 102–83, §5(c)(1), substituted "3704" for "1804". · (h)
- Pub. L. 102–83, §5(c)(1), substituted "3723" for "1823" in two places. · (k)
1989
- Pub. L. 101–237 substituted "Secretary" and "Secretary's" for "Administrator" and "Administrator's", respectively, wherever appearing. · (b), (c), (d)
1988
- Pub. L. 100–322, §415(c)(5)(A), (d)(2)(A), substituted "for purposes specified in section 1810 or 1812" for "under section 1810 or 1819". · (a)
- Pub. L. 100–322, §415(c)(5), (d)(2)(A), substituted "for purposes specified in section 1810 or 1812" for "under section 1810 or 1819", "section 1810(a) or 1812" for "section 1810(a) or 1819", and "section 1812(a)(1)(F)" for "section 1819(a)(1)(F)". · (b)
- Pub. L. 100–322, §415(c)(5)(A), substituted "1812" for "1819". · (c), (d)
- Pub. L. 100–322, §415(c)(5)(A), (d)(2)(B), substituted "1812" for "1819" and "for purposes specified in section 1810" for "under section 1810(c)". · (d)
- Pub. L. 100–322, §415(c)(5)(A), (d)(2)(A), substituted "for purposes specified in section 1810 or 1812" for "under section 1810 or 1819". · (g)
1987
- Pub. L. 100–198 substituted "$36,000" for "$27,500" in two places. · (d)
1982
- Pub. L. 97–306, §406(c)(1), substituted "manufactured home" for "mobile home". · (c)
- Pub. L. 97–295, §4(65)(A), substituted "title III of the Consolidated Farm and Rural Development Act (7 U.S.C. 1921 et seq.) or title V of the Housing Act of 1949 (42 U.S.C. 1471 et seq.)" for "sections 1000–1029 of title 7 or under sections 1471–1483 of title 42". · (c)
- Pub. L. 97–306, §406(c)(1), substituted "manufactured home" for "mobile home". · (d)
- Pub. L. 97–295, §4(65)(B), substituted "October 18, 1978," for "the date of the enactment of the Veterans' Housing Benefits Act of 1978". · (d)
- Pub. L. 97–295, §4(65)(C), substituted "percent" for "per centum" wherever appearing. · (j)
1980
- Pub. L. 96–385, §401(c)(2), inserted "(other than the refinancing of a loan under section 1810(a)(8) or 1819(a)(1)(F))" after "section 1810(a) or 1819 of this title". · (b)
- Pub. L. 96–385, §402(b), substituted in two places "$27,500" for "$25,000" in subpar. (A) and "$20,000" for "$17,500" in two places in subpar. (B). · (d)
1978
- Pub. L. 95–476, §105(b)(1), substituted "$25,000" for "$17,500" in two places. · (d)
- Pub. L. 95–476, §105(b)(2), substituted formula for determining maximum amount of original principal of any loan made under this section for purposes of section 1819 of this title for provision that such original amount was not to exceed amount specified by Administrator pursuant… · (d)
1976
- Pub. L. 94–324, §7(12), substituted "the Administrator shall" for "he shall" and "The Administrator" for "He". · (b)
- Pub. L. 94–324, §7(13), substituted "the veteran" for "he" wherever appearing. · (c)
- Pub. L. 94–324, §3(1), substituted "$33,000" for "$21,000" wherever appearing and struck out provision authorizing Administrator to increase limitations specified upon finding that cost levels so required. · (d)
- Pub. L. 94–324, §3(2), increased aggregate amount of loans that a veteran is eligible to receive under this section from $21,000 to $33,000 and struck out provision authorizing Administrator to increase specific limitations upon such loans. · (d)
- Pub. L. 94–324, §7(14), substituted "the Administrator" for "him" and "he" wherever appearing. · (g)
- Pub. L. 94–324, §7(15), substituted "the Administrator's" for "his" wherever appearing and "as the Administrator" for "as he" wherever appearing. · (k)
1974
- Pub. L. 93–569 substituted "$17,500" for "$12,500" wherever appearing. · (d)
1971
- Pub. L. 92–66 substituted provisions authorizing Administrator to sell loans at a price which he determines to be reasonable under prevailing conditions in the mortgage market when agreement to sell loan is made, for provisions authorizing Administrator to sell loans at a price which h… · (g)
1970
- Pub. L. 91–506, §4(1), substituted "1810 or 1819" for "1810". · (a)
- Pub. L. 91–506, §4(1), (2), substituted "1810 or 1819" for "1810" and provided that the Administrator make, or enter into commitments to make, to any eligible veteran, a loan for any of the purposes described in section 1819 dealing with loans to purchase mobile homes and lots as well … · (b)
- Pub. L. 91–506, §4(3), (4), inserted reference to mobile home loans. · (c), (d)
- Pub. L. 91–506, §4(5), redesignated subsec. (d)(2) as subsec. (d)(2)(A) and substituted "Except for any loan made under this chapter for the purposes described in section 1819 of this title, the" for "The". · (d)
- Pub. L. 91–506, §4(6), inserted provision limiting the original principal amount of any loan made under this section for the purchase of mobile homes and mobile home lots under section 1819 of this title to the amount specified by the Administrator pursuant to subsec. (d) of sect… · (d)
- Pub. L. 91–506, §4(7), substituted "1810 or 1819 of this title, as appropriate" for "1810 of this title". · (g)
- Pub. L. 91–506, §4(8), substituted provisions permitting Administrator to exempt dwellings constructed through assistance provided by this section from the minimum land planning and subdivision requirements of this title so long as such dwellings meet minimum requirements of structural… · (h)
- Pub. L. 91–506, §4(8), substituted provisions authorizing, Administrator to make or enter into a commitment to make, loans to assist disabled veterans in acquiring specially adapted housing if they are eligible for provisions authorizing Administrator to reserve funds available for loa… · (i)
- Pub. L. 91–506, §4(8), substituted provisions authorizing Administrator to reserve funds available for loans to enable veterans to purchase housing in a housing credit shortage area, or in any area for a disabled veteran eligible for specially adapted housing, provided the builder pays… · (j)
1969
- Pub. L. 91–22 substituted "$21,000" for "$17,500" wherever appearing. · (d), (3)
1968
- Pub. L. 90–301 substituted "$12,500" for "$7,500" in two places. · (d)
1967
- Pub. L. 90–77, §404(a), authorized an increase in amount of direct loan limits from $17,500 to $25,000 where Administrator finds cost levels so require. · (d)
- Pub. L. 90–77, §404(b), authorized an increase in aggregate amount of direct loans to $25,000 where Administrator finds cost levels so require. · (d)
1966
- L. 89–358 substituted "$17,500" for "$15,000" wherever appearing. · (d), (3)
1964
- Pub. L. 88–402 substituted provisions authorizing Administrator to sell loans at a price which he determines to be reasonable but not less than 98 per centum of unpaid principal balance, plus full amount of accrued interest, and if loans are offered to an investor in a package or block… · (g)
1961
- Pub. L. 87–84, §2(a), substituted "$15,000" for "$13,500" wherever appearing. · (d), (3)
- Pub. L. 87–84, §2(b), substituted "to any veteran after the expiration of his entitlement pursuant to section 1803(a)(3) of this title except pursuant to a commitment issued by the Administrator before such entitlement expires" for "after July 25, 1962, except pursuant to commitments i… · (h)
1960
- Pub. L. 86–665 substituted "1962" for "1960". · (h)
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.