Notice2025-09203
Loan Guaranty: Assistance to Eligible Individuals in Acquiring Specially Adapted Housing; Cost-of-Construction Index
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
May 22, 2025
Effective
October 1, 2024
Issuing agencies
Veterans Affairs Department
Abstract
The Department of Veterans Affairs announces that the aggregate amounts of assistance available under the Specially Adapted Housing (SAH) grant program have increased by 4.10 percent for fiscal year (FY) 2025.
Full Text
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<title>Federal Register, Volume 90 Issue 98 (Thursday, May 22, 2025)</title>
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[Federal Register Volume 90, Number 98 (Thursday, May 22, 2025)]
[Notices]
[Page 22003]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-09203]
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DEPARTMENT OF VETERANS AFFAIRS
Loan Guaranty: Assistance to Eligible Individuals in Acquiring
Specially Adapted Housing; Cost-of-Construction Index
AGENCY: Department of Veterans Affairs.
ACTION: Notice.
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SUMMARY: The Department of Veterans Affairs announces that the
aggregate amounts of assistance available under the Specially Adapted
Housing (SAH) grant program have increased by 4.10 percent for fiscal
year (FY) 2025.
DATES: The increases in the aggregate amounts outlined in this notice
were effective as of October 1, 2024.
FOR FURTHER INFORMATION CONTACT: Jason Latona, Assistant Director for
SAH/Native American Direct Loans, Loan Guaranty Service, Veterans
Benefits Administration, Department of Veterans Affairs, 810 Vermont
Avenue NW, Washington, DC 20420, 202-461-9201. (This is not a toll-free
number.)
SUPPLEMENTARY INFORMATION: In accordance with 38 U.S.C. 2102(e), 38
U.S.C. 2102A(b)(2), 38 U.S.C. 2102B(b)(2), and 38 CFR 36.4411, the
Secretary of Veterans Affairs announces for FY 2025 the aggregate
amounts of assistance available to Veterans and Service members
eligible for SAH program grants.
Section 2102(e)(2) authorizes the Secretary to increase the
aggregate amounts of SAH assistance annually based on a residential
home cost-of construction index. The Secretary uses the Turner Building
Cost Index for this purpose (see 38 CFR 36.4411(a)). Such increase will
be equal to the percentage by which the Turner Building Cost Index for
the most recent calendar year (CY) exceeds that of the next preceding
CY. If, however, the Turner Building Cost Index for the most recent
full CY is equal to or less than the next preceding CY, the percentage
increase will be zero (see 38 CFR 36.4411(b)).
In the most recent quarter for which the Turner Building Cost Index
is available, second quarter 2024, the index showed an increase of
4.10% over the index value listed for second quarter 2023. Turner
Construction Company, <a href="https://www.turnerconstruction.com/cost-index">https://www.turnerconstruction.com/cost-index</a>
(last visited August 1, 2024). Pursuant to 38 CFR 36.4411(a),
therefore, the aggregate amounts of assistance for SAH grants made
pursuant to 38 U.S.C. 2101(a) and 2101(b) have increased by 4.10% for
FY 2025. This CY period, second quarter to second quarter, provides
more up-to-date cost of construction information for a possible
adjustment effective October 1 when compared to a January-through-
December period, which would result in a 10-month delay in
implementation.
Sections 2102A(b)(2) and 2102B(b)(2) require the Secretary to apply
the same percentage calculated pursuant to section 2102(e) to grants
authorized pursuant to sections 2102A and 2102B. As such, the maximum
amount of assistance available under these grants has also increased by
4.10% for FY 2025.
The increases were effective as of October 1, 2024. 38 U.S.C.
2102(e), 38 U.S.C. 2102A(b)(2), and 38 U.S.C. 2102B(b)(2).
SAH: Aggregate Amounts of Assistance Available During FY 2025
Section 2101(a) Grants and Temporary Residence Adaptation (TRA) Grants
Effective October 1, 2024, the aggregate amount of assistance
available for SAH grants made pursuant to 38 U.S.C. 2101(a) is $121,812
during FY 2025.
The maximum TRA grant made to an individual who satisfies the
eligibility criteria under 38 U.S.C. 2101(a) and 2102A is $49,062
during FY 2025.
Section 2101(b) Grants and TRA Grants
Effective as of October 1, 2024, the aggregate amount of assistance
available for SAH grants made pursuant to 38 U.S.C. 2101(b) is $24,405
during FY 2024.
The maximum TRA grant made to an individual who satisfies the
eligibility criteria under 38 U.S.C. 2101(b) and 2102A is $8,760 during
FY 2025.
Section 2102B Grants
Effective as of October 1, 2024, the amount of assistance available
for grants made pursuant to 38 U.S.C. 2102B is $111,759 during FY 2025,
however the Secretary may waive this limitation for a Veteran if the
Secretary determines a waiver is necessary for the rehabilitation
program of the Veteran.
Signing Authority
Douglas A. Collins, Secretary of Veterans Affairs, approved and
signed this document on May 16, 2025, and authorized the undersigned to
sign and submit the document to the Office of the Federal Register for
publication electronically as an official document of the Department of
Veterans Affairs.
Consuela Benjamin,
Regulations Development Coordinator, Office of Regulation Policy &
Management, Office of General Counsel, Department of Veterans Affairs.
[FR Doc. 2025-09203 Filed 5-21-25; 8:45 am]
BILLING CODE 8320-01-P
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</html>Indexed from Federal Register on May 22, 2025.
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