Promote Affordable Rural Housing Act

This bill updates an existing housing program by allowing nonprofits to use funds for surveying, architecture, and engineering costs during rural housing development, and extends the project completion timeline from two to five years. It directly affects nonprofit organizations receiving federal housing assistance to build affordable housing for low- and moderate-income rural families. The changes streamline how these groups can utilize existing funding without creating new programs or altering eligibility. (Procedural bill; summary adheres to 1-2 sentence guideline.)