The U.S. Senate Committee on Banking, Housing, and Urban Affairs will hold a hearing, “Rural Housing Legislation,” on Tuesday, May 2, at 2:45 pm ET. Witnesses will include Anne Mavity, executive director of the Minnesota Housing Partnership and NLIHC board member; Natalie Maxwell, managing attorney at the National Housing Law Project; and David Lipsetz, president and CEO of the Housing Assistance Council.
This year’s “Farm Bill” presents an opportunity to preserve deeply needed affordable housing in rural communities. Properties in the U.S. Department of Agriculture’s (USDA) housing portfolio are nearing the end of their mortgage maturity periods, and renters in these properties will be left with few options for decent, safe, and affordable housing. While the House and Senate Committees on Agriculture are tasked with creating the Farm Bill, the Senate’s Committee on Banking, Housing, and Urban Affairs and the House’s Committee on Financial Services oversee USDA’s housing programs.
Watch the upcoming hearing and read witnesses’ testimony at: https://bit.ly/3VhsV43
Read more about the rural housing mortgage crisis in a recent article featuring NLIHC staff at: https://bit.ly/3LCyLJP