S 2562 · 102th Congress · Housing and Community Development
Rural Housing Improvement Act of 1992
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Banking.(1992-04-09)
Plain Language Summary
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Rural Housing Improvement Act of 1992 - Amends the Housing Act of 1949 to extend insured or guaranteed rural housing loan authority for: (1) housing; (2) housing improvement; (3) farm labor housing; (4) rental housing; (5) mutual and self-help projects; (6) low- and moderate-income housing sites; and (7) single-family homes. Authorizes FY 1993 and 1994 rural housing appropriations for: (1) housing in remote areas; (2) housing improvement; (3) related activities of the Secretary of Agriculture (Secretary), including loans; (4) application preparation assistance; (5) insured housing loans; (6) mutual and self-help projects, including assistance for domestic farm labor and rural homeless and migrant workers; (7) self-help housing; (8) housing preservation; (9) self-help programs; and (10) site acquisition and development. Extends authority for rental assistance payment contracts. Amends the Cranston-Gonzalez National Affordable Housing Act with regard to HOME investment partnerships to: (1) exempt rural area new construction from certain program conditions; and (2) allocate assistance for rural housing. Amends the Housing Act of 1949 to permit housing preservation grants to be used to…
Summarized by Claude AI · Non-partisan · For informational purposes only