WASHINGTON, D.C. – May 20, 2015 – (RealEstateRama) — Today, the House Financial Services Housing and Insurance Subcommittee Chairman Blaine Luetkemeyer (MO-03) held a hearing to examine the Rural Housing Service.
“As someone who has spent his life in a town of 336 residents, I understand the challenges that face those in need of affordable and rental housing in rural America,” Luetkemeyer said.
“There are limited housing options and small towns don’t necessarily attract major construction projects or real estate investors. That is why the mission of providing affordable rural housing is important to so many individuals. However, RHS is not operating as efficiently as it should. There is little to no continuity across government programs and systems are outdated and inefficient. RHS needs to take a hard look at their current practices and make the conscious decision to update how they operate and communicate. Today was just the start of the examination into RHS; the subcommittee will dig deeper to find solutions to ensure people across rural American find affordable housing.”