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To provide for a limitation on availability of funds for US Department of Agriculture, Rural Development Programs, Mutual and Self-Help Housing Grants for fiscal year 2024.
12/15/2023, 3:56 PM
Summary of Bill HR 2275
Bill 118 hr 2275, also known as the "Limitation on Availability of Funds for USDA Rural Development Programs Act," aims to place restrictions on the funds allocated for Mutual and Self-Help Housing Grants within the US Department of Agriculture's Rural Development Programs for the fiscal year 2024.
The bill seeks to limit the amount of funding that can be used for these specific housing grants, which are designed to assist low-income individuals and families in rural areas with building or repairing their homes through a mutual or self-help process. By placing a cap on the funds available for these grants, the bill aims to ensure that the resources are used efficiently and effectively to support those most in need of housing assistance.
If passed, this legislation would impact the allocation of funds within the USDA's Rural Development Programs for the upcoming fiscal year, potentially leading to changes in the availability and distribution of Mutual and Self-Help Housing Grants. Supporters of the bill argue that it will help prioritize funding for other important rural development initiatives, while critics may raise concerns about the potential impact on individuals and families who rely on these housing grants for support. Overall, Bill 118 hr 2275 represents a targeted effort to manage and allocate resources within the USDA's Rural Development Programs, specifically focusing on Mutual and Self-Help Housing Grants for the fiscal year 2024.
The bill seeks to limit the amount of funding that can be used for these specific housing grants, which are designed to assist low-income individuals and families in rural areas with building or repairing their homes through a mutual or self-help process. By placing a cap on the funds available for these grants, the bill aims to ensure that the resources are used efficiently and effectively to support those most in need of housing assistance.
If passed, this legislation would impact the allocation of funds within the USDA's Rural Development Programs for the upcoming fiscal year, potentially leading to changes in the availability and distribution of Mutual and Self-Help Housing Grants. Supporters of the bill argue that it will help prioritize funding for other important rural development initiatives, while critics may raise concerns about the potential impact on individuals and families who rely on these housing grants for support. Overall, Bill 118 hr 2275 represents a targeted effort to manage and allocate resources within the USDA's Rural Development Programs, specifically focusing on Mutual and Self-Help Housing Grants for the fiscal year 2024.
Congressional Summary of HR 2275
This bill limits FY2024 funding for the Rural Housing Service's Mutual and Self-Help Housing Grants.
Read the Full Bill
Current Status of Bill HR 2275
Bill HR 2275 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2275 was introduced during Congress 118 and was introduced to the House on March 29, 2023. Bill HR 2275's most recent activity was Referred to the House Committee on Financial Services. as of March 29, 2023
Bipartisan Support of Bill HR 2275
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
10Democrat Cosponsors
0Republican Cosponsors
10Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2275
Primary Policy Focus
Housing and Community DevelopmentAlternate Title(s) of Bill HR 2275
To provide for a limitation on availability of funds for US Department of Agriculture, Rural Development Programs, Mutual and Self-Help Housing Grants for fiscal year 2024.
To provide for a limitation on availability of funds for US Department of Agriculture, Rural Development Programs, Mutual and Self-Help Housing Grants for fiscal year 2024.
Comments
Sponsors and Cosponsors of HR 2275
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