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Strategy and Investment in Rural Housing Preservation Act of 2019

USA116th CongressHR-3620| House 
| Updated: 9/11/2019
Wm. Lacy Clay

Wm. Lacy Clay

Democratic Representative

Missouri

Cosponsors (4)
Al Lawson (Democratic)Emanuel Cleaver (Democratic)David Scott (Democratic)Cynthia Axne (Democratic)

Financial Services Committee, Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Strategy and Investment in Rural Housing Preservation Act of 2019 This bill provides assistance to rural, multifamily rental-housing projects and tenants. Specifically, the Department of Agriculture (USDA) must implement a program for the preservation and revitalization of such housing projects financed with USDA loans. As part of this program, USDA may restructure existing housing loans by, for example, reducing or eliminating interest and deferring loan payments. Further, USDA must annually provide, to owners of properties with loans that will mature within four years, written notice explaining the options to restructure such loans. USDA must also provide, to households in properties with loans that will mature within two years, written notice of actions that may happen upon the loan's maturity and information on how to protect their right to reside in federally assisted housing. Additionally, USDA may provide technical assistance grants to qualified nonprofit organizations and public housing agencies to help borrowers acquire multifamily rental-housing properties in areas where there is a risk of loss of affordable housing. Further, USDA may provide rural housing vouchers for low-income households (including those not receiving rental assistance) residing in certain properties financed with or insured by USDA loans. USDA must also establish an advisory committee to assist in preserving such properties and implementing a specified plan to preserve their affordability for low-income families. The bill also extends existing housing protections for victims of domestic violence, dating violence, sexual assault, and stalking to victims who receive housing voucher assistance. (These protections include a protection against eviction on the basis of being a victim of domestic violence.)

Bill Text Versions

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4 versions available

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Timeline
Jul 5, 2019
Introduced in House
Jul 5, 2019
Referred to the House Committee on Financial Services.
Jul 11, 2019
Committee Consideration and Mark-up Session Held.
Jul 11, 2019
Ordered to be Reported (Amended) by the Yeas and Nays: 57 - 0.
Sep 6, 2019
Placed on the Union Calendar, Calendar No. 156.
Sep 6, 2019
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-198.
Sep 10, 2019
Mr. San Nicolas moved to suspend the rules and pass the bill, as amended.
Sep 10, 2019
Considered under suspension of the rules. (consideration: CR H7573-7576)
Sep 10, 2019
DEBATE - The House proceeded with forty minutes of debate on H.R. 3620.
Sep 10, 2019
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7573-7574)
Sep 10, 2019
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7573-7574)
Sep 10, 2019
Motion to reconsider laid on the table Agreed to without objection.
Sep 11, 2019
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • July 5, 2019
    Introduced in House


  • July 5, 2019
    Referred to the House Committee on Financial Services.


  • July 11, 2019
    Committee Consideration and Mark-up Session Held.


  • July 11, 2019
    Ordered to be Reported (Amended) by the Yeas and Nays: 57 - 0.


  • September 6, 2019
    Placed on the Union Calendar, Calendar No. 156.


  • September 6, 2019
    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-198.


  • September 10, 2019
    Mr. San Nicolas moved to suspend the rules and pass the bill, as amended.


  • September 10, 2019
    Considered under suspension of the rules. (consideration: CR H7573-7576)


  • September 10, 2019
    DEBATE - The House proceeded with forty minutes of debate on H.R. 3620.


  • September 10, 2019
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7573-7574)


  • September 10, 2019
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7573-7574)


  • September 10, 2019
    Motion to reconsider laid on the table Agreed to without objection.


  • September 11, 2019
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Housing and Community Development

Related Bills

  • HR 116-4916: Farm Workforce Modernization Act of 2019
  • HR 116-1310: VAWA Protections for Rural Women Act of 2019
  • HR 116-5038: Farm Workforce Modernization Act of 2019
Advisory bodiesAssault and harassment offensesCongressional oversightCrimes against womenCrime victimsDomestic violence and child abuseForeign language and bilingual programsGovernment information and archivesGovernment lending and loan guaranteesHousing and community development fundingHousing finance and home ownershipHousing supply and affordabilityInterest, dividends, interest ratesLow- and moderate-income housingPerformance measurementResidential rehabilitation and home repairRural conditions and developmentSex offenses

Strategy and Investment in Rural Housing Preservation Act of 2019

USA116th CongressHR-3620| House 
| Updated: 9/11/2019
Strategy and Investment in Rural Housing Preservation Act of 2019 This bill provides assistance to rural, multifamily rental-housing projects and tenants. Specifically, the Department of Agriculture (USDA) must implement a program for the preservation and revitalization of such housing projects financed with USDA loans. As part of this program, USDA may restructure existing housing loans by, for example, reducing or eliminating interest and deferring loan payments. Further, USDA must annually provide, to owners of properties with loans that will mature within four years, written notice explaining the options to restructure such loans. USDA must also provide, to households in properties with loans that will mature within two years, written notice of actions that may happen upon the loan's maturity and information on how to protect their right to reside in federally assisted housing. Additionally, USDA may provide technical assistance grants to qualified nonprofit organizations and public housing agencies to help borrowers acquire multifamily rental-housing properties in areas where there is a risk of loss of affordable housing. Further, USDA may provide rural housing vouchers for low-income households (including those not receiving rental assistance) residing in certain properties financed with or insured by USDA loans. USDA must also establish an advisory committee to assist in preserving such properties and implementing a specified plan to preserve their affordability for low-income families. The bill also extends existing housing protections for victims of domestic violence, dating violence, sexual assault, and stalking to victims who receive housing voucher assistance. (These protections include a protection against eviction on the basis of being a victim of domestic violence.)

Bill Text Versions

View Text
4 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 5, 2019
Introduced in House
Jul 5, 2019
Referred to the House Committee on Financial Services.
Jul 11, 2019
Committee Consideration and Mark-up Session Held.
Jul 11, 2019
Ordered to be Reported (Amended) by the Yeas and Nays: 57 - 0.
Sep 6, 2019
Placed on the Union Calendar, Calendar No. 156.
Sep 6, 2019
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-198.
Sep 10, 2019
Mr. San Nicolas moved to suspend the rules and pass the bill, as amended.
Sep 10, 2019
Considered under suspension of the rules. (consideration: CR H7573-7576)
Sep 10, 2019
DEBATE - The House proceeded with forty minutes of debate on H.R. 3620.
Sep 10, 2019
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7573-7574)
Sep 10, 2019
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7573-7574)
Sep 10, 2019
Motion to reconsider laid on the table Agreed to without objection.
Sep 11, 2019
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • July 5, 2019
    Introduced in House


  • July 5, 2019
    Referred to the House Committee on Financial Services.


  • July 11, 2019
    Committee Consideration and Mark-up Session Held.


  • July 11, 2019
    Ordered to be Reported (Amended) by the Yeas and Nays: 57 - 0.


  • September 6, 2019
    Placed on the Union Calendar, Calendar No. 156.


  • September 6, 2019
    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-198.


  • September 10, 2019
    Mr. San Nicolas moved to suspend the rules and pass the bill, as amended.


  • September 10, 2019
    Considered under suspension of the rules. (consideration: CR H7573-7576)


  • September 10, 2019
    DEBATE - The House proceeded with forty minutes of debate on H.R. 3620.


  • September 10, 2019
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7573-7574)


  • September 10, 2019
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7573-7574)


  • September 10, 2019
    Motion to reconsider laid on the table Agreed to without objection.


  • September 11, 2019
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Wm. Lacy Clay

Wm. Lacy Clay

Democratic Representative

Missouri

Cosponsors (4)
Al Lawson (Democratic)Emanuel Cleaver (Democratic)David Scott (Democratic)Cynthia Axne (Democratic)

Financial Services Committee, Banking, Housing, and Urban Affairs Committee

Housing and Community Development

Related Bills

  • HR 116-4916: Farm Workforce Modernization Act of 2019
  • HR 116-1310: VAWA Protections for Rural Women Act of 2019
  • HR 116-5038: Farm Workforce Modernization Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Advisory bodiesAssault and harassment offensesCongressional oversightCrimes against womenCrime victimsDomestic violence and child abuseForeign language and bilingual programsGovernment information and archivesGovernment lending and loan guaranteesHousing and community development fundingHousing finance and home ownershipHousing supply and affordabilityInterest, dividends, interest ratesLow- and moderate-income housingPerformance measurementResidential rehabilitation and home repairRural conditions and developmentSex offenses