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118-hr-9816Committee
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Rural Housing Assistance Act

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Summary

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This bill amends the Housing Act of 1949 to increase dollar limits for rural housing repair loans and grants. Specifically, it raises the maximum aggregate loan amount from an unspecified prior level to $80,000 per household per dwelling, increases the maximum grant amount to $20,000, sets a combined loan-and-grant cap of $100,000, and doubles an individual transaction limit from $7,500 to $15,000.

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