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Search Results: keywords:"housing act of 1949 amendment"

  • The bill titled Tribal Rural Housing Access Act, introduced in the Senate, aims to allocate specific USDA rural housing funding for Indian Tribes. It proposes amending Section 509 of the Housing Act of 1949 to set aside 5% of various types of assistance, such as loans and...

    Simple Explanation

    The bill wants to help Indian Tribes by giving them a special part of the money that helps people buy or fix houses in rural areas. Each year, 5% of this money would go to Indian Tribes and related groups to make sure they have good homes too.

  • S. 3646 seeks to modify the Housing Act of 1949. The bill aims to increase the term length of rural housing site loans from two years to five years. It also clarifies that these loans can be used for various activities related to land development, including surveying,...

    Simple Explanation

    S. 3646 is a new rule that makes changes to how long people can take special loans to build homes in the countryside, letting them take up to five years instead of two. It also tells them that they can use the loan money for things like planning and drawing the houses, but everyone needs to be careful to not spend too much or too slowly.