Skip to main content
HR 3620 116th Congress House Housing and Community Development Advisory bodies Assault and harassment offenses Congressional oversight Crime victims Crimes against women Domestic violence and child abuse Foreign language and bilingual programs Government information and archives Government lending and loan guarantees Housing and community development funding Housing finance and home ownership Housing supply and affordability Interest, dividends, interest rates Low- and moderate-income housing Performance measurement Residential rehabilitation and home repair Rural conditions and development Sex offenses

Strategy and Investment in Rural Housing Preservation Act of 2019

Introduced: July 5, 2019 See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 11, 2019
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 10, 2019
Motion to reconsider laid on the table Agreed to without objection.
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
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
DEBATE - The House proceeded with forty minutes of debate on H.R. 3620.
Sep 10, 2019
Considered under suspension of the rules. (consideration: CR H7573-7576)
Sep 10, 2019
Mr. San Nicolas moved to suspend the rules and pass the bill, as amended.
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.
Jul 11, 2019
Ordered to be Reported (Amended) by the Yeas and Nays: 57 - 0.
Jul 11, 2019
Committee Consideration and Mark-up Session Held.
Jul 5, 2019
Referred to the House Committee on Financial Services.
Jul 5, 2019
Introduced in House
 Plain-English summary Congressional Research Service

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.)

What's happening now September 11, 2019

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

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1