WASHINGTON — With Congress gridlocked over Department of Homeland Security funding, other priorities have fallen to the wayside. But with this fall’s midterm elections on the horizon, lawmakers are still pushing solutions for an issue top of mind for many Americans: affording a home.
Sens. Peter Welch D-Vt., and Jim Justice, R-W.Va., are putting forth a proposal to specifically address affordability concerns in rural areas by introducing a two-page bill that would help more Americans qualify for housing assistance. The move comes after a broader bipartisan housing package that the Senate passed earlier this month has stalled in the House.
The new legislation, obtained first by NBC News, would modernize housing assistance eligibility requirements that could help roughly 30 million homebuyers in rural areas access loans. The last time Congress addressed those requirements was nearly six decades ago. Under current law, homebuyers living in areas with a population greater than
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