COSTA LEADS BIPARTISAN EFFORT TO PROTECT $232 MILLION IN RURAL HOMEOWNERSHIP FUNDING

Washington, Oct. 1 -- Congressman Jim Costa issued the following press release:

FRESNO, Calif. - This week, Congressman Jim Costa (CA-21) led a bipartisan group of 14 members of Congress in urging the U.S. Department of Agriculture (USDA) to take immediate action to protect approximately $232 million in funding for the Section 502 Single Family Housing Direct Loan Program that is at risk of expiring at the end of Fiscal Year 2026.

In a letter to USDA Secretary Brooke Rollins, the lawmakers called on the department to preserve funding Congress provided to help low- and very-low-income families purchase homes in rural communities. Recent reports indicate that USDA has obligated only a portion of the approximately $1 billion Congress provide...