Transcription of Very Low-Income Housing Repair Loans and Grants (Section …
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Very Low-Income Housing Repair Loans and Grants (Section …
Very Low-Income Housing Repair Loans and Grants (Section 504). September 2002. The Rural Housing Service (RHS) is a part of PROGRAM BASICS. Rural Development (RD) in the Department of Agriculture (USDA). It operates a broad range The Very Low-Income Housing Repair program provides Loans a nd gra nts to very Low-Income hom eow ners to re pair, of programs that were formerly administered by improve, or m odernize their dwe llings or to rem ove he alth the Farmers Home Administration to support and safety hazards. affordable Housing and community development in rural areas. RHS both provides direct Loans (made and serviced by USDA staff) and also ELIGIBLE ACTIVITIES. guarantees Loans for mortgages extended and To ob tain a loan , hom eow ner-occupants m ust be unab le to serviced by others. obtain affordable credit elsewhere and have very low incomes, defined as below 50 percent of the area median The RHS National Office is located in income.
Very Low-income Housing Repair Loans and Grants (Section 504) September 2002 The Rural Housing Service (RHS) is a part of Rural Development (RD) in the U.S. Department of Agriculture (USDA). It operates a broad range of programs that were formerly administered by the Farmers Home Administration to support affordable housing and community ...
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