Housing Affairs Letter

Rural Housing

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Rural Area Development Opportunity

HUD provides $5 million from its Rural Capacity Building Program for Community Development & Affordable Housing to spur housing projects and development programs in rural areas.

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Rural Locales Struggle For Cheap Housing

More than 7.3 million families -- nearly 30% of all rural households -- live in housing either unaffordable, crowded or lacking quality, a new report from Rapoza Associates shows.

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Rural Housing Grants For Veterans

Housing Assistance Council officials ready a second competition for HACís Affordable Housing for Rural Veterans Program grants. The program is financed by the Home Depot Foundation It supports rural nonprofits to help meet the affordable housing needs of veterans.

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Rural Housing Crisis Deepens

Increasing numbers of rural households struggle with poverty and those numbers exceed comparable national rates across all racial and ethnic groups, a new study by the Housing Assistance Council shows. The families also tussle with housing affordability as rental rates increase and the extra costs send the housing cost burden soaring past the

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Rural Housing Spending Cuts Loom

The House Appropriations Committee sends FY 2013 funding bill to the floor, setting the stage for a joint congressional conference committee fight over the Agriculture Department's Rural Development (RD) housing efforts.

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Housing, Development Targets Colonias

HUD, the Agriculture Department-Rural Development (USDA-RD) office and the Treasury Department's Community Development Financial Institutions (CDFI) Fund begin the new Border Community Capital Initiative (BCCI), created to help lenders and investors provide capital to distressed communities near the U.S.-Mexico border.

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USDA Housing Preservation Funding

Pre-applications are accepted by the Agriculture Department for awards of up to $50,000 in FY 2012 Section 533 Housing Preservation Grant (HPG) funding. USDA's Rural Housing Service expects to make 68 awards this year totaling $4.1 million, of which more than

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Grants For Rural Housing, Development

The Agriculture Department makes available $8.61 million in grant funding through its Rural Community Development Initiative. A May 9 application deadline is set for intermediaries that include public and private organizations and tribal groups with three or more years'

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(RURAL BUDGET CUTS) Agriculture Proposes Housing Cuts

The Agriculture Department proposes to cut or eliminate several Rural Development programs affecting single-family housing and housing preservation in the FY 2013 budget

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(RURAL HOME LOANS) Farm Credit Proposed Rule Withdrawn

A proposed rule that would allow Farm Credit System lenders to generate more home loans has been withdrawn. HUD pulled the proposal to help reduce the Federal Housing Administrationís involvement in the mortgage finance market, the agency says

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