April 30, 2007

ISSUE 1164

USDA ANNOUNCES HOUSING LOANS, GRANTS

USDA announced April 26 that $52.5 million in loans and grants has been made available to build off-farm housing and help low- and very low-income homeowners make needed repairs. USDA plans to make available $31.9 million for Section 514 farm labor housing loans and about $10.5 million for Section 516 farm labor housing grants.

In addition to the farm labor housing assistance, USDA plans to distribute $10.1 million to help finance rural housing repairs through the Section 533 Housing Preservation Grant program.

Applications are available from your nearest USDA Rural Development State Office.

ALSO IN THIS WEEK'S RAP-UP

(Members-Only articles are indicated in bold.)