1. Short title This Act may be cited as the Veteran Affairs Home Loan Guaranty Resiliency And Concurrency Enhancement Act of 2024 or the VA Home Loan GRACE Act of 2024 . 2. Basic provisions relating to loan guaranty and insurance (a) In general Section 3703(a)(1) of title 38, United States Code, is amended— (1) in subparagraph (A)— (A) by striking Any and inserting Except as provided in subparagraphs (C) and (D), any ; and (B) by striking the lesser of and all that follows through the period at the end of clause (ii) and inserting the lesser of the maximum guaranty or the maximum amount of guaranty entitlement available to the veteran, as specified in the table in subparagraph (B).