President Donald Trump signed a bill Wednesday to help struggling veterans stay in their homes by expanding federal mortgage assistance programs.

The VA Home Loan Program Reform Act authorizes the Department of Veterans Affairs (VA) to pay loan servicers enough to stop foreclosures and lets the VA buy part of a veteran’s unpaid mortgage balance, tacking it onto the end of the loan. It also boosts funding for homelessness prevention programs like the VA’s Grant and Per Diem initiative, according to the House Veterans’ Affairs Committee. (RELATED: Four Years Later, Veterans Still Fighting To Get Justice For COVID Vaccine Crackdowns)

“My administration is committed to doing everything possible to ensure that our veterans are treated with respect and treated as well as anybody in this country,” Trump said at the signing. “They’re so important, they’re so great. They’ve suffered so much, many cases.”

.@POTUS: “I’m thrilled to sign the VA Home Loan Program Reform Act into law… This legislation provides desperately-needed relief to veterans and their families who have fallen behind on their mortgages.” pic.twitter.com/g7YnHpVGg9

— Rapid Response 47 (@RapidResponse47) July 30, 2025

The bill, introduced in March by Wisconsin Republican Rep. Derrick Van Orden, passed both chambers unanimously.

It replaces the Biden-era Veterans Affairs Servicing Purchase (VASP) program, which critics called fiscally reckless and a threat to the VA loan guarantee system, according to Fox News.

Trump emphasized the new law “will add nothing to the national debt.” (RELATED: Four Years Later, Veterans Still Fighting To Get Justice For COVID Vaccine Crackdowns)

He also pointed to a May executive order establishing the National Center for Warrior Independence at the West Los Angeles VA Medical Center — a 6,000-bed campus aimed at housing and supporting homeless veterans.