What does Preamble of FARM Home Loans Act of 2026 do?

This bill proposes to amend the Farm Credit Act of 1971. The proposed amendment aims to modify rural housing financing under the Farm Credit Act of 1971.

What does SHORT TITLE. of FARM Home Loans Act of 2026 do?

This bill is formally titled the Fostering the Availability in Rural Markets of Home Loans Act of 2026.

What does RURAL HOUSING FINANCING. of FARM Home Loans Act of 2026 do?

This section amends Section 1.11(b) of the Farm Credit Act of 1971. The amendment to paragraph (2) replaces 'appurtenances' with 'appurtenances, including accessory dwelling units'. The amendment to paragraph (3) replaces '2,500' with '10,000'.

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FARM Home Loans Act of 2026

Last updated: 3/24/2026 · Introduced: 3/24/2026

Author: Peter Welch (D-VT)

TL;DR (AI)

The bill expands the definition of eligible rural housing financing to include accessory dwelling units.
It increases the maximum loan size for rural housing financing from $2,500 to $10,000.
This legislation modifies the Farm Credit Act of 1971 to facilitate rural housing financing.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

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