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VA undertakes four types of capital projects: major construction, minor construction, and NRM leases. Projects must meet legislative, budget and policy specifications for each project type.
Purpose The purpose of VA inspections during construction is to ensure that all onsite and offsite improvements have been acceptably completed according to the construction exhibits on which the VA value estimate is based, and VA Minimum Property Requirements (MPRs) per Chapter 12. Consequences of Inspections
- VA Minimum Property Requirements at a Glance. Working electric, heating and cooling systems. Adequate roofing that will last the foreseeable future. Sufficient in size for basic living necessities.
- Home Inspections and the VA Appraisal. The VA does not require homebuyers to get a home inspection. However, it's typically a good idea as an added layer of protection.
- Complete List of VA MPRs. A VA-assigned appraiser checks the property value and its compliance with the long list of VA loan appraisal requirements, which determines the property’s eligibility for a VA loan.
- Additional MPR Recommendations. Property prices have increased rapidly in the past two years, making homeownership challenging to access for first-time home buyers and those on a limited income, even with the help of a no-down payment mortgage like a VA home loan.
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- Marketable real estate. The home must be a single dwelling (which may include a multi-family dwelling with two to four units) that’s legally considered real estate and “readily marketable.”
- Space and construction requirements. The home must be big enough for you and any other residents to live, sleep, cook and eat. It’ll also need sanitary facilities.
- Accessibility. You must be able to access the home with a vehicle or as a pedestrian safely all year round. That access may be from a public or private road.
- Encroachments. Suppose a neighbor is “encroaching” (intruding) on the home. Maybe they’ve built a fence or part of a garage a foot on your side of the boundary.
Dec 21, 2021 · Division J of the Consolidated Appropriations Act, 2022, included the Military Construction, Veterans Affairs, and Related Agencies Appropriations Act, 2022. The act provides $269.26 billion for VA for FY2022. This includes $157.05 billion in mandatory funding and $112.22 billion in discretionary funding (see Table 2).
Aug 4, 2021 · Infrastructure – The bill strengthens VA’s infrastructure by including $1.6 billion for major construction, $553 million for minor construction, and $50 million to continue funding the state veteran home construction grant program, which provides expansion and enhancements to state homes where veterans live.
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Feb 14, 2023 · On July 20, 2022, the House passed a six-bill appropriations package (H.R. 8294; House Committee Print 117-55). Division F of H.R. 8294 included the Military Construction, Veterans Affairs, and Related Agencies (MILCON-VA) appropriations bill for FY2023.
