Bill Sponsor
House Bill 7238
118th Congress(2023-2024)
Promote Affordable Rural Housing Act
Introduced
Introduced
Introduced in House on Feb 5, 2024
Overview
Text
Introduced in House 
Feb 5, 2024
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Introduced in House(Feb 5, 2024)
Feb 5, 2024
No Linkage Found
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
H. R. 7238 (Introduced-in-House)


118th CONGRESS
2d Session
H. R. 7238


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


IN THE HOUSE OF REPRESENTATIVES

February 5, 2024

Mr. Nunn of Iowa (for himself and Mr. Nickel) introduced the following bill; which was referred to the Committee on Financial Services


A BILL

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

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Promote Affordable Rural Housing Act”.

SEC. 2. Financial assistance to nonprofit organizations to provide sites for rural housing for low- and moderate-income families.

Section 524(a)(1) of the Housing Act of 1949 (42 U.S.C. 1490d(a)(1)) is amended—

(1) in the first sentence, by inserting after “development of land” the following: “, including for activities necessary for the development of land, such as surveying, architecture, and engineering,”; and

(2) in the second sentence—

(A) by striking “two years” and inserting “five years”; and

(B) by striking “or within such additional period as may be authorized by the Secretary in any case as being necessary to carry out the purposes of this section”.