NAR is seeking Congressional support for H.R. 273 and S. 3541. H.R. 273 and S. 3541 provide a long-term solution to maintain access, for growing communities, to the United States Department of Agriculture, Rural Housing Service Section 502 Program.
Only Congress can prevent more than 900 growing communities in 48 states from losing eligibility for the Section 502 Program. Currently, the Section 502 Program provides federal backing for mortgages allowing smaller, community based lenders to offer safe and affordable mortgages to home-buyers in growth areas.
Urge Congress to help keep alive the American Dream of Homeownership for thousands of potential homeowners across the nation.
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