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Bill > HR6720
US HR6720
US HR6720FARM Home Loans Act of 2025 Fostering the Availability in Rural Markets of Home Loans Act of 2025
summary
Introduced
12/15/2025
12/15/2025
In Committee
12/15/2025
12/15/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To amend the Farm Credit Act of 1971 to modify rural housing financing under that Act.
AI Summary
This bill, known as the Fostering the Availability in Rural Markets of Home Loans Act of 2025 or the FARM Home Loans Act of 2025, amends the Farm Credit Act of 1971 to improve rural housing financing. Specifically, it expands the definition of what can be financed with rural housing loans to include "accessory dwelling units," which are smaller, independent living spaces on the same property as a primary home, and it increases the population limit for eligible rural areas from 2,500 to 10,000 people, making more communities eligible for these housing loans.
Committee Categories
Agriculture and Natural Resources
Sponsors (3)
Last Action
Referred to the House Committee on Agriculture. (on 12/15/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/6720/all-info |
| BillText | https://www.congress.gov/119/bills/hr6720/BILLS-119hr6720ih.pdf |
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