New Homestead Act of 1981 - Amends the Consolidated Farm and Rural Development Act to require that not less than 40 percent of the real estate loans made under such Act be for the acquisition of family farms by prospective owner-operators. Sets forth the repayment terms for such loans. Directs the Secretary to make or insure at least 500 but not more than 2,000 such loans.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
Referred to Subcommittee on Conservation Credit and Rural Development.
Executive Comment Requested from USDA.
Executive Comment Requested from USDA.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
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