In CommitteeFiled Mar 24, 2026
Sponsor: Sen. Welch, Peter [D-VT] (D)
Latest Action
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Mar 24, 2026
Summary
The FARM Home Loans Act changes the Farm Credit Act by adding accessory dwelling units to the definition of appurtenances and increasing a numeric threshold from 2,500 to 10,000. These tweaks aim to make it easier for rural homeowners to finance additional structures and to expand the pool of eligible loans. The bill affects borrowers, lenders, and rural communities that rely on Farm Credit financing.
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