Multi-Family Housing Loan Guarantees

Submitted by hcasesc2 on Thu, 08/09/2018 - 10:19
Type: 
Funding
Grant Deadline: 
12/31/2024
Organization: 
USDA
Description: 

This program accepts applications on a continuous basis. The program works with qualified private-sector lenders to provide financing to qualified borrowers to increase the supply of affordable rental housing for low- and moderate-income individuals and families in eligible rural areas and towns. Construction, improvement and purchase of multi-family rental housing for low to moderate income families and individuals is the primary objective for this program. Funding may also be available for:

  • Buying and improving land
  • Providing necessary infrastructure
  • For a complete list see Code of Federal Regulations, 7CFR Part 3565.205
Category: 
housing, rural communities, development, infrastructure
Funding Amount: 
varies
Matching Funds: 
Yes- click in link for details

Geography:

Eligibility: 
Eligible borrowers include: Federally-recognized Tribes. Eligible areas include: Rural areas and towns with 35,000 or fewer people--Check eligible addresses. Federally-recognized tribal lands.
Website: 
https://www.rd.usda.gov/programs-services/multifamily-housing-programs/multifami…