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Housing Law Bulletin |
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House Appropriations for Rural Housing:
Drastic Reductions in Rental Housing Funds
In a June 12, 1996, vote, the House drastically reduced funding for the Section 515
Rural Rental Housing program administered by the Department of Agriculture's Rural
Housing Service.1 The Section 515 program is the
primary vehicle for both construction and operation of rural multifamily rental housing.
The following table lays out the funding decisions to date for several rural housing programs.
| FY 1996 Enacted | Administration's Request FY 1997 |
House Passed FY 1997 | |
|---|---|---|---|
| |
(m = million; b = billion) | ||
| Section 502, Single-Family Direct Homeownership Loans | $1.0 b | $1.32 b | $1.0 b |
| Section 515, Rural Rental Housing Construction | $150 m | $220 m | $58.6 m |
| Section 521, Rental Assistance | $541 m | $541 m | $448 m |
| Section 523, Mutual and Self-Help Housing Grants | $12.6 m | $26 m | $26 m |
The Senate Appropriations Committee, Subcommittee on Agriculture, Rural Development and Related Agencies, marked up the measure July 11.
- H.R. 3603, Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Bill, Fiscal Year 1997 (June 12, 1996); H.R. REP. NO. 613, 104th Cong., 2d Sess. (June 7, 1996).
- Sources: 142 CONG. REC. H6239 (June 12, 1996); National Rural Housing Coalition, Legislative Update, Vol. 15, No. 5 (June 10, 1996), pp. 3-5, and Budget Bulletin No. 36 (June 28, 1996); and HUD and Rural Housing Budgets for 1997 Announced Despite Incomplete FY 1996 Budget Process, 26 HOUS. L. BULL. 52, 55 (Apr. 1996).
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