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S. 4872

Introduced

Strategy and Investment in Rural Housing Preservation Act of 2022

Introduced 9/15/2022•117th Congress•Senate

Latest Action

Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held. With printed Hearing: S.Hrg. 117-750.

9/20/2022 • Senate

Summary

Strategy and Investment in Rural Housing Preservation Act of 2022

This bill provides assistance to rural, multifamily rental-housing projects and tenants.

Specifically, the bill provides statutory authority for a Department of Agriculture (USDA) program that supports the preservation and revitalization of affordable housing projects that are financed with USDA loans.

Further, the bill makes changes to certain USDA rental assistance programs including by authorizing the USDA to provide rural housing vouchers for low-income households (including those not receiving rental assistance) residing in certain properties financed with or insured by USDA loans.

The USDA must also report on preserving the affordability of rental projects financed by USDA loans for low-income families.

Introduced in Senate • 9/15/2022

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Topics & Subjects

Alternative and renewable resourcesEnergy efficiency and conservationEnvironmental technologyGovernment information and archivesHousing and community development fundingHousing finance and home ownershipHousing industry and standardsIndian social and development programsLow- and moderate-income housingResidential rehabilitation and home repair

Congressional Votes (0)

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Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

2
Democrats
0
Republicans
0
Independents

Sponsor

S[
Sen. Shaheen, Jeanne [D-NH]

Democrat • NH

Sponsored 9/15/2022

Cosponsors (1)

S[
Sen. Smith, Tina [D-MN]

D-MN

Joined 9/15/2022

Bill Journey

Originated in the Senate

Introduced

September 15, 2022

Committee Review

September 20, 2022

Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held. With printed Hearing: S.Hrg. 117-750.

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate9/15/2022

Details

Bill TypeS
Current StatusIntroduced
Cosponsors1