Senate Moves in Positive Direction for USDA Rental Assistance

Filed in Advocacy, Codes and Standards, Multifamily by on September 23, 2015 0 Comments

In the U.S. Department of Agriculture (USDA) Rental Assistance (RA) section of the draft Senate short-term spending bill, there is language that extends funding for rental assistance contracts until mid-December.

When NAHB learned 50 properties would experience a rental assistance shortfall by Sept. 30, the association vigorously advocated for congressional and regulatory action to properly fund these contracts.

If approved, the spending bill will also permit continued re-renewal of rental assistance contracts entered into or renewed in 2015 that exhausted funds within the 12-month contract period.

Although this does not require the USDA to re-renew contracts within their 12-month period, it does give the agency the ability to do so.

There are some challenges on moving the legislation forward because of a funding provision related to Planned Parenthood; however, having this language included in the continuing resolution (CR) is a big win for NAHB.

The Senate will vote on the provision Thursday, and will have to wait for the House to approve the spending bill before it is sent to the President.

If approved, the CR will fund the government through Dec. 11, 2015.

For more information contact Jessica Hall at 800-368-5242 x8253.


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