Announcements

 

Recent
Announcements

 

Senate Panel Funds Rural Housing Programs for 2007

Click here for more details on the full administration budget.

Click here for information on USDA appropriations.

USDA rural housing maintained level funding for most FY 2007 programs in a bill approved by the Senate Appropriations Committee on June 22. HR 5384 now moves to the Senate floor. Many programs received increases in the House version of HR 5384, which passed on May 23. House-Senate conferees will have to resolve differences. In the Senate farm labor housing, Sec. 502 direct loans, and Sec. 523 self-help grants did not receive the increases provided by the House. The Senate bill provides $100 million for Section 515 loans, $335.4 million for one-year rental assistance contracts, $28 million for multifamily housing revitalization, and $6.3 million for the Rural Community Development Initiative. The Senate bill also opens farm labor housing to processing workers. Both House and Senate versions of HR 5384 and accompanying legislative reports are available on thomas.loc.gov.

USDA/RHS Program
(in millions of dollars)
FY 2006 Approp. FY 2007
Proposed Budget
FY 2007 House-Passed Approp. Bill (HR 5384) FY 2007 Senate
Approps. Comm. Bill (HR 5384)
Loans
502 Single Fam. Direct $1129.4 1237.5 1237.5 1129.4
502 Single Fam. Guar.
3644.2 3564.2 3564.2 3644.2
504 Very Low-Inc. Repair 34.7 36.3 36.3 34.7
514 Farm Labor Housing 38.1 41.6 50 35
515 Rental Housing 99 0 100 100
538 Rental Housing Guar. 99 198 100 100
Grants & Payments
504 Very Low-Inc. Repair 30 30 ** 29.7
516 Farm Labor Hsg. Grants 13.9 13.9 23.6 13.9
523 Self-Help Tech Asst. 33.6 37.6 37.6 33.7
533 Hsg. Preserv. Grants 10 9.9 ** 9.9
521 Rental Assistance 646.6 486.3 335.4 335.4
Multifamily Housing Revitalization - 74.25 29 28
542 Rural Rental Vouchers
15.8 0 * 10*
Preservation Revolving Loans
3 0 * 3*

Rental Preservation Demonstration

9 0 * 15*
Rural Community Devel. Init. 6.35 0 0 6.29

* Included in Multifamily Housing Revitalization Program.
** Funded as part of Rural Housing Assistance Grant


Updated: June 22, 2006