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What Does an Affordable Rural Rental Housing Strategy Look Like?

What Does an Affordable Rural Rental Housing Strategy Look Like?

By Leslie Strauss
May 22, 2012

Affordable housing advocates were happy recently to see the Senate Appropriations Committee tell the U.S. Department of Agriculture to get its act together on rental housing. USDA’s FY12 budget proposed to eliminate funding for the department’s flagship Section 515 rental housing loan program and focus its efforts on the Multi-Family Housing Revitalization Program known as MPR. Then the FY13 budget took the opposite approach, proposing to focus on Section 515 and eliminate funding for MPR. In S.Rpt. 112-163 the frustrated Senate committee “directs the Secretary, conclusively, to determine and articulate an effective long-term strategy to address rural rental housing needs.”

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