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S. 4872

Strategy and Investment in Rural Housing Preservation Act of 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.

Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.

Sen. Shaheen, Jeanne [D-NH](D-NH)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions3related bills10subjects
  1. Committee

    Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.

    Housing, Transportation, and Community Development Subcommittee
  2. IntroReferral

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

    Banking, Housing, and Urban Affairs Committee
  3. IntroReferral10000

    Introduced in Senate

Strategy and Investment in Rural Housing Preservation Act of 2022 — Informed