Sec. 202. Eligibility for rural housing vouchers
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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: The Secretary may provide rural housing vouchers under this section for any low-income household (including those not receiving rental assistance) residing— for a term longer than the remaining term of their lease in effect just prior to prepayment, in a property financed with a loan made or insured under section 514 or 515 that has— been prepaid without restrictions imposed by the Secretary pursuant to section 502(c)(5)(G)(ii)(I); been foreclosed; or matured after September 30, 2005; or in a property assisted under section 514 or 516.
The Secretary shall prioritize the provision of rental housing vouchers under this section for projects owned by nonprofit organizations and their affiliates or public agencies. .
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Sec. 202
Eligibility for rural housing vouchers
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