Search Results: keywords:"housing act of 1949"

  • 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.
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    Status:Introduced in House
    Words:290

    H.R. 9816 is a bill introduced in the House of Representatives that aims to update the financial limits for rural housing repair loans and grants under section 504 of the Housing Act of 1949. The bill proposes to increase the maximum loan amount that a household can receive...

    Simple Explanation

    The bill wants to help people fix their homes in the countryside by letting them borrow more money, up to $80,000 for a loan and $20,000 for a grant, so they can make sure their homes are safe and nice to live in. It's like getting a little more money from mom or dad to make sure you have a comfortable place to live.

  • S. 4971 — 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.
    Status:Introduced in Senate
    Words:374

    S. 4971, known as the "Rural Homeownership Continuity Act of 2024," proposes changes to the Housing Act of 1949. It allows individuals to assume existing guaranteed loans under the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Program when acquiring...

    Simple Explanation

    The bill is like a rule that lets people take over a special kind of house loan from someone else when they buy that person's house, and it makes sure the original person isn't responsible for the loan anymore if it's done right. It also means the person in charge has to make sure everything with the loan stays the same and fair when it's passed on.

  • S. 5071 — To amend the Housing Act of 1949 to permit certain grants to be used for accessory dwelling units, and for other purposes.
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    Status:Introduced in Senate
    Words:1,742

    The bill, S. 5071, aims to amend the Housing Act of 1949 to allow certain grants to be used for building accessory dwelling units, which are small, separate living spaces on the same property as a single-family home. It sets limits on the use of grants, such as ensuring they don't cover more...

    Simple Explanation

    The bill wants to change some rules so people can get money to help build little homes in their backyard. These new homes can only get help for part of the cost, and there’s a limit on how much money they can get.

  • S. 3646 — To amend the Housing Act of 1949 to extend the term of rural housing site loans and clarify the permissible uses of such loans.
    Status:Considered and Passed Senate
    Words:282

    S. 3646 proposes changes to the Housing Act of 1949, specifically targeting rural housing site loans for low- and moderate-income families. The bill aims to extend the term of these loans from two years to five years and clarifies that certain activities, like surveying and...

    Simple Explanation

    S. 3646 is like a rulebook change to let people in the countryside take five years instead of two to build homes with special loan money, and it tells them they can use the money for work like measuring and planning. It also takes away the chance to get extra time just in case, which means they have to finish in five years no matter what.

  • H. R. 9019 — To establish a uniform definition of rural area for all rural development programs administered by the Department of Agriculture.
    Status:Introduced in House
    Words:958

    H.R. 9019 aims to create a consistent definition of "rural area" for all rural development programs under the Department of Agriculture. This bill proposes changes to existing laws, such as the Consolidated Farm and Rural Development Act and the Rural Electrification Act, to...

    Simple Explanation

    H.R. 9019 is like a big rulebook that wants to make sure everyone understands what the word "rural" means the same way when the Department of Agriculture helps small towns and farms. It plans to change some old rules to match up and let the Agriculture boss figure out how to make it all work smoothly.

  • 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.
    Status:Introduced in House
    Words:339

    H. R. 9814 aims to amend the Housing Act of 1949 by allowing loans under the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Program to be assumed by qualified borrowers. This means that if someone wants to take over a house with a guaranteed loan, there will...

    Simple Explanation

    H.R. 9814 wants to make it easier for someone to take over a house loan without the first person having to worry about the loan anymore, and the government will set the rules on how this will happen.

  • H. R. 7238 — To amend the Housing Act of 1949 to extend the term of rural housing site loans and clarify the permissible uses of such loans.
    Status:Introduced in House
    Words:295

    H.R. 7238 aims to update the Housing Act of 1949 by extending the duration of rural housing site loans from two years to five years. It also clarifies that these loans can be used not just for land development, but also for necessary activities like surveying, architecture,...

    Simple Explanation

    H.R. 7238 wants to change the rules for loans that help build homes in the countryside. Instead of having to pay back the loan in two years, people will have five years, and they can use the money for planning like drawing house designs or measuring the land.