The Rural Housing Service Reform Act of 2025 aims to significantly reform and modernize rural housing programs administered by the Department of Agriculture. A central provision is the permanent establishment of a Housing Preservation and Revitalization Program , designed to safeguard existing affordable multifamily rental housing. This program will facilitate loan restructuring and offer renewed rental assistance contracts to ensure properties remain safe and affordable for low-income residents. The bill also introduces a new Native Community Development Financial Institution (CDFI) Relending Program , setting aside up to $50 million annually for direct loans to Native CDFIs. These institutions will then provide homeownership loans to Native American, Alaska Native, and Native Hawaiian communities, prioritizing those on priority Tribal land. Additionally, the Act modifies Section 504 loans and grants for minor home improvements, reserving 60 percent of funds for very low-income applicants and doubling the maximum assistance amount to $15,000. To improve efficiency, the legislation authorizes necessary appropriations for increased staffing and information technology upgrades for all Rural Housing Service programs through fiscal year 2030. It also establishes a Rural Community Development Initiative , providing grants to intermediaries that offer financial and technical assistance to eligible entities for housing, community facilities, and economic development projects in rural areas. A Government Accountability Office (GAO) report is mandated to analyze the impact of outdated technology and estimate modernization needs. The bill enhances the Rural Housing Voucher Program by requiring regulations for adjusting voucher amounts based on income changes, family composition, or rental rates, and expanding eligibility to households in certain maturing or foreclosed multifamily projects. It also allows nonprofit or public bodies to acquire Section 515 multifamily properties at market value, provided they commit to rehabilitation and long-term affordability restrictions. Further reforms include allowing the refinancing or modification of Section 502 loans for up to 40 years and releasing original borrowers from liability when a guaranteed loan is assumed by a new, approved borrower. The Act also revises USDA loan restrictions to exclude licensed home-based child care providers and clarifies that accessory dwelling units (ADUs) and their rental income can be considered for Section 502 guaranteed loans. Finally, it expresses a Sense of Congress that Section 502 and 504 loan and grant applications should be reviewed within 90 days, requiring annual reports on review timeliness.