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Strategy and Investment in Rural Housing Preservation Act of 2022

Introduced: September 15, 2022 Introduced by: Shaheen, Jeanne Democratic · New Hampshire See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 20, 2022
Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held. With printed Hearing: S.Hrg. 117-750.
Sep 15, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 15, 2022
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now September 20, 2022

Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held. With printed Hearing: S.Hrg. 117-750.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1