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Rural Housing Preservation: New Rules and Tenant Protection

This act aims to ensure the long-term availability of affordable housing in rural areas, protecting tenants from displacement. It establishes a permanent support program for property owners to maintain housing quality and affordability. Tenants will receive notifications about changes and assistance in securing new housing or vouchers.
Key points
Establishes a permanent program to preserve and revitalize affordable multifamily rental housing in rural areas.
Property owners can restructure existing housing loans (e.g., reduce interest, defer payments) to ensure safe and affordable housing for low-income residents.
Tenants will receive annual notices about loan maturities, potential property actions, and how to protect their housing rights or secure vouchers.
Rental assistance contracts can be renewed for up to 20 years, providing stability for residents.
Provides grants to non-profit organizations for technical assistance to preserve affordable housing.
Establishes an advisory committee to assist in preserving rural housing and implementing the plan.
Authorizes funding for technological improvements within the Department of Agriculture to better manage multifamily housing programs.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_885
Sponsor: Sen. Shaheen, Jeanne [D-NH]
Process start date: 2025-03-06
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Strategy and Investment in Rural Housing Preservation Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_885.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-03-06.

What are the main provisions?

Key points include:

  • Establishes a permanent program to preserve and revitalize affordable multifamily rental housing in rural areas.
  • Property owners can restructure existing housing loans (e.g., reduce interest, defer payments) to ensure safe and affordable housing for low-income residents.
  • Tenants will receive annual notices about loan maturities, potential property actions, and how to protect their housing rights or secure vouchers.
  • Rental assistance contracts can be renewed for up to 20 years, providing stability for residents.
  • Provides grants to non-profit organizations for technical assistance to preserve affordable housing.
  • Establishes an advisory committee to assist in preserving rural housing and implementing the plan.
  • Authorizes funding for technological improvements within the Department of Agriculture to better manage multifamily housing programs.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Shaheen, Jeanne [D-NH].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Real Estate Benefits Agriculture