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Congress·In Committee·12 months ago

Rural Community Facility Funding Expansion

Also known as: Investing in Rural America Act of 2025

Legislative Progress

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Key Points

  • This bill allows specialized rural lenders to provide money for building and improving essential services in small towns. This includes projects like hospitals, schools, child care centers, and police or fire stations.
  • The plan aims to make it easier for rural communities to find the money they need for big construction projects. Currently, these lenders focus mostly on farms, but this change would let them support a wider range of community needs.
  • To keep things fair for local businesses, these lenders must offer local community banks a chance to join in on the loans. Also, no more than 15% of a lender's total money can be used for these specific community projects.
  • If this becomes law, the new rules would begin on October 1, 2025. The government will also be required to write a report every year to show how much money is being spent and which projects are being helped.

Milestones

4 milestones4 actions
Mar 20, 2025House

Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Mar 20, 2025House

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Feb 12, 2025House

Referred to the House Committee on Agriculture.

Feb 12, 2025

Introduced in House

Source Information

Document Type

Congressional Bill

Official Title

Investing in Rural America Act of 2025

Bill NumberHR 1246
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Sponsor

Cosponsors

(24)
D: 11R: 13

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