HOMESTEAD PROPERTY.

SEC. 644. HOMESTEAD PROPERTY. Section 352(c) of the Consolidated Farm and Rural Development Act (7 U.S.C. 2000(c)) is amended— (1) in paragraph (1)(A), by striking “90” each place it appears and inserting “30”; and (2) in paragraph (6)— (A) in the first sentence, by striking “Within 30” and all that follows through “title,” and insert “Not later than the date of acquisition of the property securing a loan made under this title (or, in the case of real property in inventory on the date of enactment of the Federal Agriculture Improvement and Reform Act of 1996, not later than 5 days after the date of enactment of the Act),”; and (B) by striking the second sentence.