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119th CONGRESS
1st Session |
To amend the Farm Credit Act of 1971 to modify rural housing financing under that Act.
Ms. McDonald Rivet (for herself, Mr. Huizenga, and Mr. Riley of New York) introduced the following bill; which was referred to the Committee on Agriculture
To amend the Farm Credit Act of 1971 to modify rural housing financing under that Act.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Fostering the Availability in Rural Markets of Home Loans Act of 2025” or the “FARM Home Loans Act of 2025”.
SEC. 2. Rural housing financing.
Section 1.11(b) of the Farm Credit Act of 1971 (12 U.S.C. 2019(b)) is amended—
(1) in paragraph (2), by striking “appurtenances” and inserting “appurtenances, including accessory dwelling units,”; and
(2) in paragraph (3), by striking “2,500” and inserting “10,000”.