Guaranteed Rural Housing Funds for Native American and Hawaiian Communities.
This bill mandates that 5% of federal USDA rural housing assistance funds must be set aside specifically for Indian Tribes, Native Hawaiians, and related entities. This change aims to improve access to loans, guarantees, and housing programs for these communities in rural areas. Any unused reserved funds will be reallocated to general housing programs after a set deadline.
Key points
5% of annual USDA rural housing program funding is reserved for Native American and Native Hawaiian communities.
The goal is to ensure better access to housing loans and assistance for tribal members and tribal-owned housing entities in rural settings.
This guarantees consistent access to federal housing support for these communities, reducing competition with general programs.
Status:
Expired
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