Housing Programs Extension Act of 1994

Housing Programs Extension Act of 1994 - Authorizes section 8 housing contract extensions and related displaced tenant assistance. Authorizes appropriations.

Amends the Housing and Community Development Act of 1987 to extend funding for the low-income housing preservation and ownership program.

Amends the National Housing Act to extend authority to use rental assistance amounts for flexible subsidies.

Amends the Housing and Urban Development Act of 1968 to extend authority for housing counseling programs.

Amends the United States Housing Act of 1937 to extend set-asides for reconstruction of public housing for disabled families.

Amends the Housing Act of 1949 to extend rural housing set asides for: (1) underserved areas; and (2) rental housing funds for nonprofit entities. Makes rural multifamily rental housing loan authority permanent.

Amends the Housing and Community Development Act of 1992 to extend authority for the multifamily mortgage risk-sharing pilot program.

Amends the Cranston-Gonzalez National Affordable Housing Act to extend community development block grant set-asides for colonias.