Federal Legislation
Congress Advances Military Housing Counseling Program
March 24, 2026
Congress has introduced the Military Financial Literacy Act in 2026, mandating the Department of Defense (DoD) to establish a program providing personalized financial and housing counseling to active duty and transitioning service members. This initiative requires DoD to partner with a HUD-approved Veteran Service Organization to deliver expert guidance on credit management, budgeting, VA home loans, and legal protections. The program aims to enhance financial readiness and housing stability for military families, potentially increasing demand for credentialed counseling services and partnerships with external organizations.
- The DoD will implement a new counseling program in collaboration with HUD-approved veteran service groups, creating procurement opportunities for qualified counseling providers.
- Procurement professionals should anticipate contract solicitations focused on personalized financial literacy and housing counseling services tailored to military populations.
- This legislation signals growing federal investment in service member support services, encouraging contractors to develop expertise in military financial readiness and housing assistance.
- Organizations offering credentialed counseling and veteran-focused housing services may find new partnership and subcontracting opportunities with DoD and veteran service organizations.
Service members are constantly on the move, dealing with VA benefits, new housing markets, and unfortunately, lenders who see them as easy targets. A quick briefing just doesn't cut it. This bill gets them in front of a real expert, one on one, who can walk them through their credit, their budget, their VA home loan options, and their legal rights as a service member.
— Congressman Pat Harrigan
The Military Financial Literacy Act is a commonsense step to ensure service members who want it get expert, personalized counseling on how to best find the right home for their families to build a life.
— Congresswoman Kristen McDonald Rivet
Financial readiness, particularly in housing, is a critical component of overall military readiness and long-term veteran success.
— Joy Craig, VFW National Legislative Service Associate Director
Agencies
Department of Defense, Department of Housing and Urban Development, Department of Veterans Affairs
Contracts
Locations
Sources
- Reps. McDonald Rivet, Harrigan Introduce Bill to Give Service Members Housing Literacy Counseling | Congresswoman Kristen McDonald Rivet · Mcdonaldrivet · Mar 24
- Congressman Pat Harrigan Co-Leads Bill to Strengthen Financial and Housing Support for Troops | Congressman Pat Harrigan · Harrigan House · Mar 24