Helping Expand Lending Practices in Rural Communities Act (H.R.1259)

Official Title:

"To provide for an application process for interested parties to apply for an area to be designated as a rural area, and for other purposes."

JCN Position:

for

JCN supports this legislation because it relieves local community banks from burdensome regulations that unfairly limit their ability to lend and help create jobs in their communities. The legislation provides individuals in rural areas the right to petition for the area to be properly reclassified as “rural.”

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