Rural Housing Assistance Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 9816 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 9816 To revise the dollar amount limitations for rural housing repair loans under section 504 of the Housing Act of 1949, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 25, 2024 Mr. Davis of North Carolina (for himself and Mr. Nunn of Iowa) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To revise the dollar amount limitations for rural housing repair loans under section 504 of the Housing Act of 1949, and for other purposes. 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 Housing Assistance Act''. SEC. 2. SECTION 504 RURAL HOUSING REPAIR LOANS. Section 504(a) of the Housing Act of 1949 (42 U.S.C. 1474(a)) is amended-- (1) by striking the third sentence and inserting the following: ``The maxi…