Budget & Taxes (Rural Communities)

in committee · United States · House Mar 4, 2025

HR 1822: ACRE Act of 2025

This bill adds a new tax provision (Section 139J) to the Internal Revenue Code, excluding interest income from certain rural and agricultural loans from taxable income for qualifying lenders. It directly affects banks, insurance companies, and farm credit entities that provide loans secured by rural or agricultural property (including qualifying single-family homes in rural areas), while excluding loans to foreign adversary entities (like those linked to China, Russia, or Iran). The law requires lenders to report on how this tax exclusion impacts loan interest rates, with a Treasury report due to Congress within five years. The policy change aims to reduce lenders' tax burden on these specific loans, potentially lowering costs for borrowers in rural communities.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax exclusion for qualifying lenders, reducing taxable income and providing tax relief per bill's explicit tax provision.90% confidence

Tags Rural Communities

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in committee · United States · Senate Apr 2, 2025

S 1260: Rural Housing Service Reform Act of 2025

The Rural Housing Service Reform Act of 2025 establishes a permanent housing preservation and revitalization program to maintain affordable multifamily housing projects financed under sections 514, 515, and 516 of the Housing Act of 1949, authorizing $200 million annually for fiscal years 2026-2030 to support loan restructuring, rental assistance renewal, and technical assistance for owners. The bill creates a $50 million annual set-aside for Native community development financial institutions to increase homeownership opportunities for Indian Tribes, Alaska Native communities, and Native Hawaiian communities. Additionally, it modifies Section 504 loans to reserve 60% for very low-income applicants and increases the loan cap from $7,500 to $15,000, while adjusting rural housing voucher processes to allow more frequent recalculation based on changing household circumstances.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes $200M annually for housing preservation programs, increasing public funding for affordable housing services as a core budget allocation.95% confidence ✓ HousingSupports HousingBill authorizes $200M annually for affordable housing preservation, loan restructuring, and rental assistance under multifamily housing programs, directly advancing affordable housing access.90% confidence

Sub-Topics Community Development Homeownership Property Development Tags Rural Communities Tribal Nations

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in committee · United States · House Jun 12, 2025

HR 3932: Rural Upgrades for Road Access and Local Growth Act of 2025

HR 3932 (Rural Upgrades for Road Access and Local Growth Act of 2025) reserves 30% of surface transportation grant funds annually for mid-sized rural communities (10,000-75,000 residents), ensuring dedicated funding regardless of urban status. It also accelerates the grant approval process by reducing processing timelines from 60 days to 3 days for applications and decisions. This directly affects rural counties and towns in the specified population range, as well as the Transportation Department managing the program. The bill makes concrete changes to fund allocation and administrative speed, aiming to improve road access in underserved rural areas.

Topics ✓ Budget & TaxesSupports Budget & TaxesReserves 30% of transportation grants for rural infrastructure, directing existing funds toward public service needs per bill's funding allocation language.95% confidence ✓ TransportationSupports TransportationReserves 30% of surface transportation grants for rural road infrastructure and accelerates approval timelines, directly funding and advancing rural transportation projects.95% confidence

Sub-Topics Airports Roads & Highways Transportation Funding Tags Rural Communities

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in committee · United States · Senate Jul 24, 2025

S 2436: Healthy H2O Act

The Healthy H2O Act (S 2436) creates a federal grant program to help rural households, renters, small multi-unit property owners (up to 25 units), and licensed child-care facilities with contaminated drinking water. It provides funding for certified point-of-use or point-of-entry water filters, installation by qualified professionals, maintenance, and water testing - targeting contaminants like lead, arsenic, PFAS, and hexavalent chromium. Grants are limited to households with income below 150% of their state’s rural median income and prioritize private well users. The program requires third-party certification for products and installers, mandates annual reporting on water quality trends, and allocates $10 million annually for fiscal years 2026-2030.

Topics ✓ Budget & TaxesSupports Budget & TaxesFunds water safety program via federal grants, increasing public spending on essential infrastructure for low-income households.90% confidence ✓ EnvironmentSupports EnvironmentFunds water filtration for contaminants like PFAS/lead, directly reducing environmental pollutants in drinking water and protecting public health.95% confidence ✓ HealthcareSupports HealthcareBill addresses public health via clean water access (contaminants like lead/arsenic), directly protecting health outcomes through federal grants for water safety measures.95% confidence

Sub-Topics Drinking Water Water Quality Tags Rural Communities

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in committee · United States · Senate Feb 19, 2025

S 631: Rural Historic Tax Credit Improvement Act

The Rural Historic Tax Credit Improvement Act increases tax credits for rehabilitating historic buildings in rural areas. It provides a 40% credit for affordable housing projects (where at least half the building meets affordability standards) and a 30% credit for other rural historic projects, with a $5 million cap on eligible costs. Taxpayers can transfer these credits to other taxpayers, requiring certification and reporting to the IRS. The bill also adds recapture rules for projects failing to meet affordable housing requirements and removes a basis adjustment for these credits, effective for projects placed in service after 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credits (40% for affordable housing, 30% for other projects) reducing taxpayer liability, aligning with tax relief indicators under Budget & Taxes.95% confidence ✓ HousingSupports HousingProvides 40% tax credit for affordable housing projects (≥50% affordable units) in rural areas, directly funding and advancing affordable housing initiatives through tax incentives.95% confidence

Sub-Topics Tax Credits Affordable Housing Historic Preservation Housing Finance Tags Rural Communities

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in committee · United States · House Feb 21, 2025

HR 1454: Rural Historic Tax Credit Improvement Act

This bill increases tax credits for rehabilitating historic buildings in rural areas. It creates a new "applicable rural project" category: affordable housing projects get a 40% credit on rehabilitation costs (up to $5 million total), while other rural projects get a 30% credit. The credit can now be transferred to other taxpayers, unlike previous rules. It specifically targets buildings in areas outside cities over 50,000 people or adjacent urban zones, and requires affordable housing projects to maintain housing affordability standards. The changes apply to property placed in service after December 31, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credits (30-40%) for rural historic rehab, offering direct tax relief and transferability, advancing fiscal policy for affordable housing and rural development.95% confidence ✓ HousingSupports HousingBill provides 40% tax credit for affordable housing rehab projects in rural areas, directly increasing incentives for affordable housing development.95% confidence

Sub-Topics Tax Credits Tax Incentives Affordable Housing Historic Preservation Homeownership Tags Rural Communities

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in committee · United States · House Mar 11, 2025

HR 2088: Thriving Communities Act of 2025

The Thriving Communities Act of 2025 establishes a federal grant program to help fast-growing communities develop infrastructure projects, particularly those connecting housing with public transit. It authorizes $100 million annually for the Transportation Secretary and $5.5 million for the Housing Secretary to provide technical assistance and capacity-building support. The program requires regular reports to Congress on funding methods, coordination between agencies, and metrics used to distribute grants. This directly affects local governments in rapidly expanding areas seeking to improve transportation and housing infrastructure through federal support.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes $100M annual funding for transportation infrastructure and $5.5M for housing programs, directly advancing public spending on essential community services.95% confidence ✓ HousingSupports HousingBill allocates $5.5M for Housing Secretary to fund technical assistance for housing-transit infrastructure, directly advancing housing development and affordability through federal grants.95% confidence ✓ TransportationSupports TransportationAuthorizes $100M annually for transportation infrastructure projects connecting housing with public transit, directly funding transit development and advancing transportation infrastructure goals.95% confidence

Sub-Topics Affordable Housing Community Development Land Use Public Transit Roads & Highways Transportation Funding Tags Rural Communities

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in committee · United States · House Jan 31, 2025

HR 893: Working Families Housing Tax Credit Act

The Working Families Housing Tax Credit Act creates a new tax credit to encourage the development of housing for working families, specifically targeting teachers, firefighters, police officers, veterans, and other hard-working Americans. It provides tax credits equal to 50% of the qualified basis for new buildings or 60% for rehabilitated buildings, with requirements that 40% or more of units be rent-restricted for households earning up to 180% of area median income. The credit period lasts 15 years, and buildings must maintain working families housing for at least 15 years after the credit period through a binding "extended working families housing commitment." The bill also authorizes $100 million in grants and loans for infrastructure projects in rural and exurban areas supporting qualified housing developments.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for affordable housing development targeting low/middle-income households, providing tax relief via 50-60% credit rates for developers.95% confidence ✓ HousingSupports HousingCreates tax credits for affordable housing development targeting low-income households with 40% rent-restricted units, directly advancing affordable housing goals.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentTargets housing for working families (teachers, firefighters, etc.) with rent restrictions for households earning up to 180% AMI, supporting affordable housing access for low-to-moderate wage workers.80% confidence ✓ VeteransSupports VeteransBill explicitly targets veterans as a qualifying group for housing tax credits, providing direct housing benefits through rent-restricted units.95% confidence

Sub-Topics Tax Credits Tax Incentives Affordable Housing Historic Preservation Housing Finance Veteran Housing Tags Rural Communities

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in committee · United States · Senate Jan 28, 2026

S 3718: Delivering for Rural Seniors Act of 2026

The Delivering for Rural Seniors Act of 2026 creates a pilot program to provide home delivery of food commodities from the Commodity Supplemental Food Program (CSFP) to low-income seniors in rural areas. It authorizes $10 million annually for fiscal years 2027-2029 to fund competitive grants to state agencies, which must use funds for transportation, staffing, and outreach related to home delivery services - with priority for rural communities. State agencies must report annually on program outcomes, including delivery numbers, cost per delivery, and effectiveness evaluations. The bill directly affects low-income seniors enrolled in CSFP who live in rural areas, aiming to improve their access to food assistance through home delivery.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes $10M annual funding for rural senior food delivery program, directly increasing government spending on public service for low-income seniors.95% confidence ✓ HealthcareSupports HealthcareBill funds home delivery of food to low-income rural seniors, improving nutrition access and supporting public health initiatives for vulnerable populations.85% confidence ✓ TransportationSupports TransportationBill allocates $10M annually for transportation costs in rural home delivery program, explicitly listing transportation as a fund use category for food delivery services.90% confidence

Tags Rural Communities Seniors

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in committee · United States · House Feb 5, 2025

HR 1020: BOOST Act

HR 1020 (BOOST Act) creates a tax credit for homeowners in rural unserved areas to improve broadband access. It allows a 75% credit (up to $400) for purchasing signal boosters, satellite customer equipment, or ground stations used in a primary residence. The credit applies only once per household and expires after 2029, targeting areas eligible for FCC's Rural Digital Opportunity Fund. This directly affects individual homeowners in designated rural broadband gaps seeking to enhance their internet connectivity.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides 75% tax credit (up to $400) for rural homeowners to improve broadband access, offering direct tax relief to lower-income households in designated areas.90% confidence ✓ TechnologySupports TechnologyDirectly expands rural broadband access through tax credits for signal boosters and equipment, targeting unserved areas per FCC criteria.95% confidence

Sub-Topics Procurement Tax Credits Broadband Access Telecommunications Tags Rural Communities

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