Rural Homeownership Continuity Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 9814 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 9814 To amend the Housing Act of 1949 to permit the assumption of loans under the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Program. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 25, 2024 Mr. Costa (for himself, Mrs. Chavez-DeRemer, and Mr. LaMalfa) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Housing Act of 1949 to permit the assumption of loans under the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Program. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Rural Homeownership Continuity Act of 2024''. SEC. 2. ASSUMPTION OF LOANS UNDER THE DOUG BEREUTER SECTION 502 SINGLE FAMILY HOUSING LOAN GUARANTEE PROGRAM. Section 502(h)(10) of the Housing Act of 1949 (42 U.S.C. 1…