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Program

VA Home Loan Guaranty Program

Department: VA

The cabinet-level department or independent agency responsible for the program

Agency: Veterans Benefits Administration

The specific agency or sub-agency that administers the program

Program Type:Credit / Loan / Guarantee

The functional category of the program
In Official FIP? Partially represented

(Guarantee program may appear partially, but the benefit program is broader.)

Confidence Level: Low

Authorizing Statute: 38 U.S.C. ch. 37

Funding Status: Credit subsidy / fee-supported

Primary Source: https://uscode.house.gov/download/download.shtml

Notes: Home loan guarantees for eligible veterans.

Additional details about data sources and custom mapping of data are available on the Data Details page.

Outlays (millions)

Actual money spent in FY2024

$0

Source: Account-group/reference mapping (medium confidence)

Obligations (millions)

Money the government committed to spend in FY2024

$120000

Source: Account-group/reference mapping (medium confidence)

Budget Authority (millions)

The amount Congress authorized agencies to commit

$9600

Source: Estimate: budget authority / subsidy proxy set at 8% of obligation volume for credit programs; see Fiscal Method.

Revenue Loss (millions)

Estimated revenue not collected due to tax policy (tax expenditures)

$0

Source: Account-group/reference mapping (medium confidence)

Primary Amount

The primary fiscal measure used for the program

$120000

Dollar Basis

The primary fiscal measure used for the program

Obligations

Note: Primary basis is obligations for credit/guarantee-style programs.

Dollar Quality

How directly the dollar amount reflects observed data

Estimated

Actual = reported or observed spending, Estimated = derived from modeling or mapping, Carry-Zero = structural row with no direct dollars