Search Results: keywords:"low- and moderate-income families"

  • S. 3646 — An Act 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:Engrossed in Senate
    Words:252

    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 — 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. 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.