Legislation Proposes Extension of USDA Rental Assistance Programs

Monday, April 9, 2018 - 3:00pm

Legislators from New Hampshire introduced bills in the House and Senate to extend rental assistance through the United States Department of Agriculture’s (USDA’s) Rural Development (RD) program. Sen. Jeanne Shaheen, D-N.H., and Rep. Ann Kuster, D-N.H., introduced bills that would decouple RD Section 521 rental assistance from the RD Section 514, 515 and 516 mortgage programs. The legislation would also direct the Secretary of Agriculture to ensure that RD policies align better with the Low-Income Housing Tax Credit program and would permanently authorize the Multifamily Housing Revitalization demonstration program.