1. Short title This Act may be cited as the Veterans Housing Stability Act of 2024 . 2. Modification of administration of housing loans of Department of Veterans Affairs to prevent or resolve default (a) Powers of Secretary Section 3720 of title 38, United States Code, is amended— (1) in subsection (f), by striking forebearance and inserting forbearance ; and (2) by adding at the end the following new subsection: (i) (1) Notwithstanding the provisions of any other law, including section 501(d) of this title, the Secretary may, in response to a national emergency declared by the President under the National Emergencies Act ( 50 U.S.C. 1601 et seq. ), a major disaster declared by the President under section 401 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5170 ), or a widespread and significant crisis as determined by the Secretary, take any of the following actions as the Secretary considers reasonably necessary to further the purposes of this chapter: (A) Impose a moratorium on the foreclosure of any loan guaranteed, insured, made, or held by the Secretary. (B) Impose a moratorium on any possessory action arising from the foreclosure of any such loan. (C) Impose a period of forbearance and establish related requirements with respect to any such loan. (2) (A) No moratorium or period of forbearance may be imposed under paragraph (1) for more than 180 days unless the Secretary extends such moratorium or period of forbearance as provided in subparagraph (A). (B) The Secretary may extend a moratorium or period of forbearance imposed under paragraph (1), or any previous extension of such a moratorium or period of forbearance, if the Secretary, not fewer than 30 days before extending such moratorium, period of forbearance, or previous extension— (i) notifies Congress of the extension