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Strategy and Investment in Rural Housing Preservation Act of 2025

In committee: it can still change before the session ends.

US S 885 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsors
2
Latest action
Mar 6, 2025

What it does

The Strategy and Investment in Rural Housing Preservation Act of 2025 would establish a permanent program to preserve and revitalize multifamily rental housing financed under sections 514, 515, or 516 of the Housing Act of 1949, primarily affecting rural low-income residents and farm laborers. It requires the Secretary of Agriculture to provide annual notices to property owners and tenants about impending loan maturities, offer loan restructuring options, renew rental assistance contracts, and facilitate tenant transfers or vouchers when assistance ends. The bill authorizes $200 million annually from 2026 to 2030 for the program, $50 million for USDA technology upgrades in FY2026, and…

AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Mar 6, 2025

  2. Committee (Current step)

    In committee · Mar 6, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Strategy and Investment in Rural Housing Preservation Act of 2025 | 52