USDA Single Family Loan Guarantee Program to Resume
Source: USDA & Rural Development, August 23, 2010
Memo by: Tammye Trevino
Congress recently provided USDA with the authority to resume operating the Single Family Housing Guaranteed Loan Program (SFHGLP). When the Agency can resume the issuance of Loan Note Guarantees the new fee for purchase loans will be 3.5%. [More ...]
Tags: guaranteed, Housing, Loan, Rural Development, USDA
Source: Housing Assistance Council, July 22
“July 20, 2010 – The text of the Senate Appropriations Committee’s USDA funding bill for FY 2011 is now available. S. 3606 boosts Section 502 single-family loans and holds most other rural housing programs level. The Committee rejected the Obama Administration’s proposed elimination of USDA’s rural rental preservation demonstration program, known as MPR, and also kept Section 515 rental housing at its FY 2010 level of $69 million. The most significant increase was a doubling of the loan level for Section 502 guaranteed loans to $24 billion. Section 502 direct loans received a modest increase to $1.2 billion, the Administration’s request. [More ...]
To: Multi-Family Developers and Lenders—Vermont and New Hampshire:
USDA Rural Development has recently announced funding availability for the Section 538 Multi-Family Housing Guarantee Loan Program. Lenders interested in financing apartment projects in eligible rural areas served by USDA are invited to apply for the program. [More ...]
Tags: Federal Funding, Loan, Section 538, USDA
“The Department of Energy (DOE) today announced new regulations that will help improve the energy efficiency and livability of HUD, Low Income Housing Tax Credit, and USDA assisted apartments by minimizing barriers to the participation of these homes in the Weatherization Assistance Program (WAP). [More ...]
Tags: Department of Energy, DOE, energy efficiency, HUD, Low Income Housing Tax Credit, USDA, Weatherization Assistance Program
“SWANTON – A Swanton woman has been appointed to a position with the U.S. Department of Agriculture that oversees programs in Vermont and New Hampshire.
Molly Lambert, who was nominated by Democratic U.S. Sen. Patrick Leahy, has been named the state director for rural development for the two states. [More ...]
Tags: Molly Lambert, USDA
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