Rural Housing Assistance Act

HR 9816, the Rural Housing Assistance Act, increases financial limits for rural homeowners seeking housing repair assistance through USDA programs. It directly affects low-income rural households applying for Section 504 loans and grants to repair their primary residences. The bill raises the maximum annual loan amount from $7,500 to $15,000 per household and sets new caps: $80,000 total for loans, $20,000 for grants, and $100,000 combined per household per dwelling. These changes aim to better cover repair costs by expanding available funding.