To provide for a limitation on availability of funds for US Department of Agriculture, Rural Development Programs, Mutual and Self-Help Housing Grants for fiscal year 2024.
Impact
The financial limitation outlined in HB 2275 could significantly affect the accessibility and availability of housing assistance programs designed to support communities in rural areas. With a capped budget, the effectiveness of these programs may diminish, likely resulting in fewer grants being awarded or a decrease in support for community-oriented housing projects. The restriction on funding may lead to heightened challenges for individuals and families seeking affordable housing options through these government-supported programs.
Summary
House Bill 2275 proposes a limitation on the availability of funds for the USDA's Rural Development Programs, specifically concerning Mutual and Self-Help Housing Grants for the fiscal year 2024. The bill stipulates that the total funding allocated for these grants cannot exceed $30 million. This funding cap aims to manage and restrict financial resources allocated to these specific housing initiatives, reflecting broader fiscal conservatism within legislative intent.
Contention
Debate surrounding HB 2275 is likely centered on the implications of reduced funding for rural development. Proponents of the bill might argue that fiscal restraint is necessary to ensure responsible government spending, especially in light of broader economic considerations. Opponents, however, could express concerns that such limitations inadvertently undermine critical infrastructure support necessary for rural communities, potentially exacerbating housing crises in areas already struggling with access to affordable housing.
To provide for a limitation on availability of funds for US Department of Agriculture, Rural Development Programs, Rural Housing Assistance Grants for fiscal year 2024.
To provide for a limitation on availability of funds for US Department of Agriculture, Rural Development Programs, Rural Housing Service, Rural Housing Insurance Fund Program Account for fiscal year 2024.
To provide for a limitation on availability of funds for US Department of Agriculture, Rural Development Programs, Rural Community Facilities Program Account for fiscal year 2024.
To provide for a limitation on availability of funds for US Department of Agriculture, Rural Development Programs, Rural Development, Salaries and Expenses for fiscal year 2024.
To provide for a limitation on availability of funds for US Department of Agriculture, Rural Development Programs, Rental Assistance Program for fiscal year 2024.
To provide for a limitation on availability of funds for US Department of Agriculture, Rural Utilities Service, Rural Water and Waste Disposal Program Account for fiscal year 2024.
To provide for a limitation on availability of funds for US Department of Agriculture, Foreign Assistance and Related Programs, Food for Peace Title II Grants for fiscal year 2024.
To provide for a limitation on availability of funds for US Department of Agriculture, Farm Service Agency, State Mediation Grants for fiscal year 2024.