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Continuing Appropriations, Agriculture, Legislative Branch, Military Construction and Veterans Affairs, and Extensions Act, 2026 › Section 7404

Extension of Authority Relating to Vendee Loan Program

Section 7404 · Sec. 7404 ·

What this chapter is about

The department sometimes sells a home it took back and lends the buyer the money. That power was set to end. It now runs a year longer.

1 proposal indexed from this chapter.

The document says “is amendedWho acts: CongressHow: statuteSec. 7404 in the PDF
What the document says

“Section 3733(a)(8) of title 38, United States Code, is amended-- (1) in the matter preceding subparagraph (A), by striking "September 30, 2025" and inserting "September 30, 2026"; and (2) in subparagraph (C), by striking "September 30, 2025" and inserting "September 30, 2026".”

Making continuing appropriations and extensions for fiscal year 2026, and for other purposes, Sec. 7404

A vendee loan is one the department makes to the buyer of a property it holds. The authority for it is written with an end date in two places.

What the document actually says

“Section 3733(a)(8) of title 38, United States Code, is amended-- (1) in the matter preceding subparagraph (A), by striking "September 30, 2025" and inserting "September 30, 2026"; and (2) in subparagraph (C), by striking "September 30, 2025" and inserting "September 30, 2026".”

Making continuing appropriations and extensions for fiscal year 2026, and for other purposes, Sec. 7404
That sentence, in plain words

The same old date is taken out in two places. The same later date goes in each time.

What this is about

The department ends up owning homes after some loans fail. It can sell them and lend the buyer the price.

No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.

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How to cite this
  1. The document itself

    Continuing Appropriations, Agriculture, Legislative Branch, Military Construction and Veterans Affairs, and Extensions Act, 2026, Public Law 119-37, sec. 7404, 139 Stat. 654 (2025).
    https://www.govinfo.gov/content/pkg/PLAW-119publ37/html/PLAW-119publ37.htm

  2. This page

    “Extension of Authority Relating to Vendee Loan Program,” Continuing Appropriations, Agriculture, Legislative Branch, Military Construction and Veterans Affairs, and Extensions Act, 2026, section 7404. Read the Mandate, https://readthemandate.org/continuing-appropriations-agriculture-legislative/section-7404/ (retrieved August 26, 2026).

Cite the document when the claim is about what the document says. Cite this page when the indexing, the wording or the record of what has happened is what is being relied on.

What This Page Covers, and What It Leaves Out

Both date changes the section makes to section 3733(a)(8) of title 38.

Nothing else. The section makes the same swap twice.

The section works by amending title 38 of the United States Code. That law is not indexed here, so this file does not say on what terms such a loan is made.