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Code · BILL · 118th Congress · S. 2790 (Introduced in Senate) — To reform rural housing programs, and for other purposes. · Sec. 1

Sec. 1. Short title; table of contents

234 words·~1 min read·/bill/118/s/2790/is/section-1

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This Act may be cited as the . Rural Housing Service Reform Act of 2023 The table of contents of this Act is as follows: Sec. 1. Short title; table of contents. TITLE I—Streamlining and updates Sec. 101. Application of multifamily mortgage foreclosure procedures to multifamily mortgages held by the Secretary of Agriculture and preservation of the rental assistance contract upon foreclosure. Sec. 102. Study on rural housing loans for housing for low- and moderate-income families.
Sec. 103. Authorization of appropriations for staffing needs and information technology upgrades. TITLE II—Rural housing preservation and revitalization Sec. 201. Permanent establishment of housing preservation and revitalization program. Sec. 202. Eligibility for rural housing vouchers. Sec. 203. Amount of voucher assistance. Sec. 204. Rental assistance contract authority. Sec. 205. Funding for technical improvements. TITLE III—Native CDFI relending Sec. 301. Native CDFI relending program.
TITLE IV—Section 504 loans and grants Sec. 401. Modifications to loans and grants for minor improvements to farm housing and buildings. TITLE V—Rural community development initiative grants Sec. 501. Rural Community Development Initiative. TITLE VI—Reports Sec. 601. Annual report on rural housing programs. Sec. 602. GAO report on Rural Housing Service technology. TITLE VII—Rural housing voucher program Sec. 701. Adjustment to rural development voucher amount. TITLE VIII—Transfers to nonprofit organizations Sec. 801.
Transfer of multifamily rural housing projects. TITLE IX—Term of direct loans made by the Rural Housing Service Sec. 901. Extension of loan term.
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