Sec. 221. New farm worker housing
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/bill/117/s/5282/is/section-221·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 513(e) of the Housing Act of 1949 ( 42 U.S.C. 1483(e) ) is amended by adding at the end the following: The Secretary of Agriculture, to the extent approved in appropriation Acts, may insure loans under section 514 totaling not more than $20,000,000 during each of the fiscal years 2023 through 2032. There is authorized to be appropriated $75,000,000 for each of the fiscal years 2023 through 2032 for the cost (as such term is defined in section 502(5) of the Congressional Budget Act of 1974 ( 2 U.S.C. 661a(5) )) of loans insured pursuant to subparagraph (A).
There is authorized to be appropriated $30,000,000 for each of the fiscal years 2023 through 2032 for financial assistance authorized under section 516. There is authorized to be appropriated $26,800,000 for each of the fiscal years 2023 through 2032 for— rental assistance agreements entered into or renewed pursuant to section 521(a)(2); or agreements entered into in lieu of debt forgiveness or payments for eligible households authorized under section 502(c)(5)(D). There is authorized to be appropriated 5 percent of any amounts made available for the housing assistance program under this section for any fiscal year, which shall be used for administrative expenses for such program. .
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