1 of 1
Story summary
- On March 31, 2026, Peter Welch (D-Vt.), Jim Justice (R-W.Va.), Adam Schiff (D-Calif.), and Cindy Hyde-Smith (R-Miss.) introduced legislation to expand rural housing affordability to address a growing housing crisis as rural home prices have surged.
- The bill would modernize loan eligibility to expand access to about 30 million homebuyers.
- It would raise the rural threshold from 2,500 to 10,000, aligning with United States Department of Agriculture (USDA) standards.
