HR6785-118

Introduced

To reform rural housing programs, and for other purposes.

118th Congress Introduced Dec 14, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To reform rural housing programs, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Housing, Government Operations.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H279B65562C214B0784CDEF71E12315E7: 1. Short title; table of contents This Act may be cited as the Rural Housing Service Reform Act of 2023. The table of contents of this Act is as follows:
  • Section H8C671AD72B5E40DE8BF8432F543657CF: 101. Application of multifamily mortgage foreclosure procedures to multifamily mortgages held by the Secretary of Agriculture and preservation of the rental...
  • Section H18D8A8C3093544A0B27D703DDD9CE00A: 102. Study on rural housing loans for housing for low- and moderate-income families Not later than 6 months after the date of enactment of this Act, the...
  • Section H713B9613A4404847BC9641A98670D31F: 103. Authorization of appropriations for staffing needs and information technology upgrades There is authorized to be appropriated to the Secretary of...
  • Section H288B4124CACB46BAA6C4A0ED0322736E: 201. Permanent establishment of housing preservation and revitalization program Title V of the Housing Act of 1949 (42 U.S.C. 1471 et seq.) is amended by...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To reform rural housing programs, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Housing, Government Operations

Primary Purpose

This bill, To reform rural housing programs, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Housing Government Operations

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
financial institutions, investors, and borrowers:
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies:
financial institutions, investors, and borrowers:

Legislative Progress

Introduced
Introduced Committee Passed
Dec 14, 2023

Mr. Luetkemeyer (for himself and Mr. Cleaver) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Housing Government Operations
Actor Mappings
"secretary_of_treasury"
→ Secretary of the Treasury
"secretary_of_agriculture"
→ Secretary of Agriculture

Key Definitions

Terms defined in this bill

3 terms
"eligible intermediary" §H452248FCBDA44DDB87A2A577627CAC55

a qualified— private, nonprofit organization

"eligible intermediary" §HC6F75A1CD21C4089BAA4F6756D490BB1

a qualified— private, nonprofit organization

"Native community development financial institution" §HE88D6EECEBE54E65B7961F6BBA56F6CC

an entity— that has been certified as a community development financial institution by the Secretary of the Treasury

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology