Changes to the Rural Housing Service (RHS) Multifamily Production Programs
Resolved that NAHB supports legislative provisions that would:
Allow owners to prepay their Section 515 mortgages to:
- Convert the Section 521 Rental Assistance Program to Section 8 project-based rental assistance.
- Provide federal budget funding to support increased production to meet the market demand for affordable multifamily housing in rural areas.
Committee with primary jurisdiction:
- Housing Finance Committee
- Federal Government Affairs Committee
Full Resolution The full text of this resolution is available for download