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Rural Housing Site Loans

Type
Funding
Grant Deadline
Organization
USDA
Description

Applications accepted year round. Rural Housing site loans provide two types of loans to purchase and develop housing sites for low- and moderate-income families:Section 523 loans are used to acquire and develop sites only for housing to be constructed by the Self-Help method. Refer to RD Instruction 1944-I for more information about the Self-Help programSection 524 loans are made to acquire and develop sites for low- or moderate-income families, with no restriction as to the method of construction. Low-income is defined as between 50-80% of the area median income (AMI); the upper limit for moderate income is $5,500 above the low-income limit

Funding Amount
Varies
Matching Funds
Not mentioned
Geography
Eligibility
Federally-recognized Tribes are included in eligible applicants