Protect Rural Renters Act of 2020

I 116TH CONGRESS 2D SESSION H. R. 6736 To provide rental assistance to tenants in multifamily rural housing projects financed by the Department of Agriculture, and for other purposes. IN THE HOUSE OF REPRESENTATIVES MAY 8, 2020 Mrs. AXNE (for herself, Ms. WATERS, and Mr. GOTTHEIMER) introduced the following bill; which was referred to the Committee on Financial Services A BILL To provide rental assistance to tenants in multifamily rural housing projects financed by the Department of Agri- culture, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Protect Rural Renters 4 Act of 2020’’. 5 SEC. 2. RURAL RENTAL ASSISTANCE. 6 (a) AUTHORIZATION OF APPROPRIATIONS.—There is 7 authorized to be appropriated for fiscal year 2020 8 $700,000,000 for rural rental assistance, which shall re- 9 main available until September 30, 2021, of which— 10 VerDate Sep 11 2014 22:32 May 18, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H6736.IH H6736 kjohnson on DSK79L0C42PROD with BILLS 2 •HR 6736 IH (1) up to $25,000,000 million may be used for 1 an additional amount for rural housing vouchers for 2 any low-income households (including those not re- 3 ceiving rental assistance) residing in a property fi- 4 nanced with a section 515 loan which has been pre- 5 paid after September 30, 2005, or has matured after 6 September 30, 2019; and 7 (2) the remainder shall be used for an addi- 8 tional amount for rural rental assistance agreements 9 entered into or renewed pursuant to section 10 521(a)(2) of the Housing Act of 1949 (42 U.S.C. 11 1490a(a)(2)) to— 12 (A) supplement the rental assistance of 13 households on whose behalf assistance is being 14 provided; and 15 (B) provide rental assistance on behalf of 16 households who are not being assisted with such 17 rental assistance but who qualify for such as- 18 sistance. 19 (b) RURAL HOUSING VOUCHERS.—The matter under 20 the heading ‘‘Multi-Family Housing Revitalization Pro- 21 gram Account’’ in title III of division B of the Further 22 Consolidated Appropriations Act, 2020 (Public Law 116– 23 VerDate Sep 11 2014 22:32 May 18, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H6736.IH H6736 kjohnson on DSK79L0C42PROD with BILLS 3 •HR 6736 IH 94) is amended by striking the second proviso (relating 1 to the amount of a voucher). 2 Æ VerDate Sep 11 2014 22:32 May 18, 2020 Jkt 099200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\H6736.IH H6736 kjohnson on DSK79L0C42PROD with BILLS