Investments in rural homeownership

(a) Appropriation In addition to amounts otherwise available, there is appropriated to the Rural Housing Service of the Department of Agriculture for fiscal year 2026, out of any money in the Treasury not otherwise appropriated, to remain available until expended— (1) $90,000,000 for providing single family housing repair grants under section 504(a) of the Housing Act of 1949 (42 U.S.C. 1474(a)), subject to the terms and conditions in subsection (b) of this section; (2) $10,000,000 for administrative expenses of the Rural Housing Service of the Department of Agriculture that in whole or in part support activities funded by this section and related activities. (b) Terms and conditions (1) Eligibility Eligibility for grants from amounts made available by subsection (a)(1) shall not be subject to the limitations in section 3550.103(b) of title 7, Code of Federal Regulations. (2) Uses Notwithstanding the limitations in section 3550.102(a) of title 7, Code of Federal Regulations, grants from amounts made available by subsection (a)(2) shall be available for the eligible purposes in section 3550.102(b) of title 7, Code of Federal Regulations. (c) Implementation The Administrator of the Rural Housing Service shall have authority to issue such regulations, notices, or other guidance, forms, instructions, and publications to carry out the programs, projects, or activities authorized under this section to ensure that such programs, projects, or activities are completed in a timely and effective manner.