[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1682 Introduced in House (IH)]

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117th CONGRESS
  1st Session
                                H. R. 1682

 To provide emergency rural housing assistance to respond to the COVID-
                  19 pandemic, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 9, 2021

Mr. Cleaver (for himself and Ms. Waters) introduced the following bill; 
         which was referred to the Committee on Appropriations

_______________________________________________________________________

                                 A BILL


 
 To provide emergency rural housing assistance to respond to the COVID-
                  19 pandemic, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stabilizing Rural Homeowners During 
COVID Act of 2021''.

SEC. 2. RELIEF MEASURES FOR SECTION 502 AND 504 DIRECT LOAN BORROWERS.

    (a) Appropriation.--In addition to amounts otherwise made 
available, there is appropriated for fiscal year 2021, out of funds in 
the Treasury not otherwise appropriated, $39,000,000, to remain 
available until September 30, 2023, for direct loans made under 
sections 502 and 504 of the Housing Act of 1949 (42 U.S.C. 1472, 1474).
    (b) Administrative Expenses.--The Secretary may use not more than 3 
percent of the amounts appropriated under this section for 
administrative purposes.
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