Rural Housing

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
posted 12/14/12 09:12 AM  read complete story

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.
posted 6/22/12 11:19 AM  read complete story

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.
posted 6/15/12 11:29 AM  read complete story

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
posted 5/11/12 10:15 AM  read complete story

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'
posted 3/23/12 11:10 AM  read complete story

(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
posted 2/17/12 10:45 AM  read complete story

(RURAL HOME LOANS) Farm Credit Proposed Rule Withdrawn
   A proposed rule that would allow Farm Credit System lenders to generate more home loans has been withdrawn.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 Administration’s involvement in the mortgage finance market, the agency says
posted 2/15/12 5:50 PM  read complete story

(RURAL HOUSING BOOST) Senate Rescues Agriculture Appropriations
   An Agriculture Department FY 2012 spending proposal designed in the Senate rejects many of the cuts approved in the House recommendation, including millions for rural housing initiatives.
posted 9/16/11 11:45 AM  read complete story

Rural Housing Extra Money For Loans
       Failure to attract enough applicants for loans from the Agriculture Department’s Rural Housing Service’s rural development office for rental housing preservation programs, the department issues a new notice of funding availability to generate more applications.A total of $7 millio...
posted 8/26/11 11:44 AM  read complete story

Development Grants To 46 Communities
   More than $28 million is awarded to 46 rural and tribal communities to tackle distressed housing conditions and concentrated poverty.
posted 8/26/11 11:38 AM  read complete story