A bill to amend the Housing and Community Development Act of 1974 to provide affordable housing and community development assistance to rural areas with excessively high rates of outmigration and low per capita income levels.
Rural Recovery Act of 1998 - Amends the Housing and Community Development Act of 1974 to provide rural housing and community development assistance through rural recovery community development block grants to eligible local governments and Indian tribes in areas with high rates of outmigration and low per capita income. Authorizes appropriations.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S11988)
Read twice and referred to the Committee on Banking.
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