Housing, Transportation, and Community Development Subcommittee, Banking, Housing, and Urban Affairs Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Strategy and Investment in Rural Housing Preservation Act of 2022 This bill provides assistance to rural, multifamily rental-housing projects and tenants. Specifically, the bill provides statutory authority for a Department of Agriculture (USDA) program that supports the preservation and revitalization of affordable housing projects that are financed with USDA loans. Further, the bill makes changes to certain USDA rental assistance programs including by authorizing the USDA to 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. The USDA must also report on preserving the affordability of rental projects financed by USDA loans for low-income families.
Alternative and renewable resourcesEnergy efficiency and conservationEnvironmental technologyGovernment information and archivesHousing and community development fundingHousing finance and home ownershipHousing industry and standardsIndian social and development programsLow- and moderate-income housingResidential rehabilitation and home repair
Strategy and Investment in Rural Housing Preservation Act of 2022
USA117th CongressS-4872| Senate
| Updated: 9/20/2022
Strategy and Investment in Rural Housing Preservation Act of 2022 This bill provides assistance to rural, multifamily rental-housing projects and tenants. Specifically, the bill provides statutory authority for a Department of Agriculture (USDA) program that supports the preservation and revitalization of affordable housing projects that are financed with USDA loans. Further, the bill makes changes to certain USDA rental assistance programs including by authorizing the USDA to 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. The USDA must also report on preserving the affordability of rental projects financed by USDA loans for low-income families.
Alternative and renewable resourcesEnergy efficiency and conservationEnvironmental technologyGovernment information and archivesHousing and community development fundingHousing finance and home ownershipHousing industry and standardsIndian social and development programsLow- and moderate-income housingResidential rehabilitation and home repair