HPRP Progress Act of 2024

This bill amends the Heirs' Property Relending Program to allow community organizations administering the program to use up to 30% of loan funds for administrative costs, rather than strictly requiring all funds to be relented to landowners. It increases annual funding authorization from $10 million to $60 million and extends the program's funding period through 2029. The changes directly benefit heirs with undivided ownership interests in farmland (often inherited family land), helping them resolve ownership disputes and succession issues through relending. A report on program outcomes must be submitted to Congress within one year of enactment.