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Code · BILL · 116th Congress · H.R. 3620 (Engrossed in House) — To provide rental assistance to low-income tenants in certain multifamily rural housing projects financed by the Rura... · Sec. 3

Sec. 3. Eligibility for rural housing vouchers

102 words·~1 min read·/bill/116/hr/3620/eh/section-3

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Section 542 of the Housing Act of 1949 ( 42 U.S.C. 1490r ) is amended by adding at the end the following new subsection: The Secretary may provide rural housing vouchers under this section for any low-income household (including those not receiving rental assistance) residing in a property financed with a loan made or insured under section 514 or 515 ( 42 U.S.C. 1484 , 1485) which has been prepaid, has been foreclosed, or has matured after September 30, 2005, or residing in a property assisted under section 514 or 516 that is owned by a nonprofit organization or public agency. .
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Sec. 3
Eligibility for rural housing vouchers
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