A bill to amend section 520 of the Housing Act of 1949 for the purposes of mandating that the Secretary of Housing and Urban Development consider only the availability of credit to lower- and moderate-income income families in determining whether an area with between 10,000 and 20,000 people is a rural area as defined in such section.

[AI summary unavailable — showing source text] Amends the Housing Act of 1949 to expand the definitions of "rural" and "rural areas" to include places not part of or associated with an urban area which have a population of between 10,000 and 20,000 people and which have a serious lack of mortgage credit for lower- and moderate-income families.…