S. 3646 · 118th Congress · Senate

A bill to amend the Housing Act of 1949 to extend the term of rural housing site loans and clarify the permissible uses of such loans.

In Congress· Held at the desk.
Introduced
Jan 23, 24
Passed Senate
Jan 23, 24
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

This bill extends from two years to five years the repayment term for certain loans to finance the purchase and development of housing sites for low- or moderate-income families under the Department of Agriculture Section 524 Rural Housing Site Loan program.

Under the bill, the term development includes activities necessary to develop the land, such as surveying, architecture, and engineering.

Previous Versions

55Jan 23, 2024

This bill extends from two years to five years the repayment term for certain loans to finance the purchase and development of housing sites for low- or moderate-income families under the Department of Agriculture Section 524 Rural Housing Site Loan program.

Under the bill, the term development includes activities necessary to develop the land, such as surveying, architecture, and engineering.

Action Timeline

6
  1. JAN 29, 2024Floor

    Received in the House.

  2. JAN 29, 2024Floor

    Held at the desk.

  3. JAN 25, 2024Floor

    Message on Senate action sent to the House.

  4. JAN 23, 2024IntroReferral

    Introduced in Senate

  5. JAN 23, 2024Floor

    Passed/agreed to in Senate

    Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.

  6. JAN 23, 2024Floor

    Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S225; text: CR S225)