United States 119th Congress Status: In Committee Bipartisan · 1 D · 1 R cosponsors

S 885 — Strategy and Investment in Rural Housing Preservation Act of 2025

Last action — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced March 06, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Prognosis

Advancing 34% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 2 sponsors

    1 primary, 1 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (1 D · 1 R) — cross-party backing.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

How this bill changes current law

4 changes Share ↗

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill establishes a permanent housing preservation and revitalization program under the Housing Act of 1949 and amends eligibility and assistance provisions for low-income households residing in specific housing projects.

  • 42 U.S.C. 1471

    SEC. 545. HOUSING PRESERVATION AND REVITALIZATION PROGRAM. (a) Establishment.--The Secretary shall carry out a program under this section for the preservation and revitalization of multifamily rental housing projects financed under section 514, 515, or 516.

    This adds a new section to establish a housing preservation and revitalization program for specific multifamily rental housing projects.

  • 42 U.S.C. 1490r

    SEC. 542(c) Eligibility of Households in Sections 514, 515, and 516 Projects.--The Secretary may provide rural housing vouchers under this section for any low-income household (including those not receiving rental assistance) residing for the remaining term of their lease in effect just prior to prepayment, in a property financed with a loan made or insured under section 514 or 515, or a grant under section 516, that has-- (1) been prepaid without restrictions imposed by the Secretary pursuant to section 502(c)(5)(G)(ii)(I); (2) been foreclosed; or (3) matured after September 30, 2005 and the property is not receiving rental assistance under section 545(f).

    This adds eligibility criteria for rural housing vouchers for specific low-income households in certain projects.

  • 42 U.S.C. 1490r

    SEC. 542(d) Notwithstanding any other provision of law, in the case of any rural housing voucher provided pursuant to section 542 of the Housing Act of 1949 (42 U.S.C. 1490r), the amount of the monthly assistance payment for the household on whose behalf the assistance is provided shall be determined as provided in subsection (a) of such section 542.

    This clarifies the method for determining the monthly assistance payment for rural housing vouchers.

  • 42 U.S.C. 1490a(d)

    SEC. 521(d) Rental Assistance Contract Authority. (1) in paragraph (1)--(A) by redesignating subparagraphs (B) and (C) as subparagraphs (C) and (D),

    This reorganizes the subparagraphs within the rental assistance contract authority section.

Action History

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 545 not signed on

Sponsors (1)

Co-sponsors (1)

Not signed on (545)

545 members have not signed on to this bill.

Show all 545 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors S 885?
S 885 is sponsored by Shaheen, Jeanne (Democratic) and Moran, Jerry (Republican).
What is the current status of S 885?
This bill is in committee in the Senate. Introduced March 06, 2025. It must pass committee before a floor vote.
Where can I track S 885?
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Last checked for changes 4 months ago · updated continuously

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