Referred to the Subcommittee on Housing and Community Development.
Congressional Research Service
Official summary
Version 00 · Introduced in House · May 18, 1994
Rural Multifamily Rental Housing Loan Guarantee Demonstration Act - Amends the Housing Act of 1949 to authorize the Secretary of Agriculture to guarantee the repayment of loans made by private lenders for the development costs of multifamily rental housing for low- and moderate-income rural families. Permits a low-income housing tax credit under the Internal Revenue Code for housing developed from such a loan guarantee if it meets certain tax requirements. Authorizes appropriations. Terminates loan guarantee authority after FY 1996.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 26, 2025. Consult Congress.gov for the current record.
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