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Bill > HR6736


US HR6736

Protect Rural Renters Act of 2020


summary

Introduced
05/08/2020
In Committee
05/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To provide rental assistance to tenants in multifamily rural housing projects financed by the Department of Agriculture, and for other purposes. This bill authorizes additional rental assistance to low-income individuals and families residing in certain rural housing.

AI Summary

This bill authorizes additional rental assistance to low-income individuals and families residing in certain rural housing projects financed by the Department of Agriculture. The bill provides $700 million in funding for fiscal year 2020, of which up to $25 million may be used for rural housing vouchers for low-income households living in properties where the section 515 loan has been prepaid or matured, and the remainder will be used to supplement existing rural rental assistance agreements and provide new rental assistance to eligible households.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Referred to the House Committee on Financial Services. (on 05/08/2020)

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