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Search Results: keywords:"land development activities"

  • 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.

  • 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.