A bill to amend the Housing Act of 1949 to prevent the displacement of lower income and elderly residents of rural rental housing due to the prepayment of loans made by the Secretary of Agriculture.
Rural Rental Housing Displacement Prevention Act of 1986 - Amends the Housing Act of 1949 to establish a one-year prepayment moratorium on rural rental housing loans made or insured prior to December 21, 1979, unless appropriate alternative housing is available.
Provides rental assistance to persons displaced by prepayments approved during the one-year period ending on the date of enactment of this Act.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on Housing and Community Development.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line