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HR 7238 118th Congress House

Promote Affordable Rural Housing Act

Official title: To amend the Housing Act of 1949 to extend the term of rural housing site loans and clarify the permissible uses of such loans.

Introduced: August 23, 2024 Introduced by: Nunn, Zachary Republican · Iowa See on congress.gov
Housing and Community Development
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 5, 2024
Introduced in House
Feb 5, 2024
Referred to the House Committee on Financial Services.
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 Latest action February 5, 2024

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Promote Affordable Rural Housing Act

This bill extends from two years to five years the repayment term for certain loans to finance the purchase and development of housing sites for low- or moderate-income families under the Department of Agriculture Section 524 Rural Housing Site Loan program.

Under the bill, the term development includes activities necessary to develop the land, such as surveying, architecture, and engineering.

 Related & companion bills 1
  • S 3646 Related bill A bill to amend the Housing Act of 1949 to extend the term of rural housing site loans and clarify the permissible uses…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2
D
Neguse, Joe
Colorado · Dec 17, 2024
 D
Ryan, Patrick
New York · Aug 23, 2024
Nickel, Wiley
· Feb 5, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7238: Promote Affordable Rural Housing Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-7238/
MLA
"H.R. 7238: Promote Affordable Rural Housing Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-7238/.
Bluebook (legal)
H.R. 7238, 118th Cong. (2026), https://openamerica.io/bill/118-HR-7238/.
Markdown link
[H.R. 7238: Promote Affordable Rural Housing Act](https://openamerica.io/bill/118-HR-7238/)
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