Materials Posted PowerPoint Presentation | Recording The purpose of the Section 538 Guaranteed Loan Program is to increase the supply of affordable rural rental housing, it differs in some important ways from USDA’s Section 515. Section 538 focuses on partnerships between USDA and qualified lenders, whereas Section 515 loans are directly funded from USDA to […]

HAC’s New Report from HAC Examines the Maturing Mortgage Crisis A Crisis. The increasing lack of affordable housing is not just an urban problem. Rental housing options in rural America are not only sparse, but also declining. An important source of housing in many rural communities are rental homes financed by the U.S. Department of […]

This three-day advanced course covers USDA Rural Development’s Section 502 Direct Loan Program and provides invaluable insight as to how this homeownership financing resource can be utilized. Learn how to assist potential borrowers and work in partnership with RD staff, as well as other nonprofit organizations and regional intermediaries to deliver successful Section 502 loan […]

Materials Posted PowerPoint Presentation | Webinar Recording | HAC Reports on CRA in Rural America The Office of the Comptroller of the Currency (OCC) recently issued a call for input on its regulations implementing the Community Reinvestment Act, which requires banks to help meet the credit needs of the communities they serve. OCC’s notice says […]

This three-day advanced course covers USDA Rural Development’s Section 502 Direct Loan Program and provides invaluable insight as to how this homeownership financing resource can be utilized. Learn how to assist potential borrowers and work in partnership with RD staff, as well as other nonprofit organizations and regional intermediaries to deliver successful Section 502 loan […]

The Conference typically features around 40 workshops where participants will learn best practices for housing development, organizational management, resource development and innovative approaches to housing and community development. The Conference also includes a pre-Conference day, packed with gatherings for coalitions, association, and working groups. For rural nonprofits, the Conference provides an excellent opportunity to network […]

Materials Posted Power Point Presentation | Webinar Recording The Trump Administration’s budget for fiscal year 2020 proposes to eliminate many housing programs. Caps on federal spending are due to come back into force for FY20. The House and Senate are now controlled by different parties. What can we anticipate as the funding process moves forward? […]

Description The USDA Section 502 Direct Loan Program is intended to provide very low- and low-income people with the opportunity to acquire, build, rehabilitate, improve or relocate dwellings in rural areas. By providing payment assistance and extended loan terms to eligible borrowers, the program increases an applicant’s repayment ability. Nonprofit organizations with certified loan packagers […]

This three-day advanced course covers USDA Rural Development’s Section 502 Direct Loan Program and provides invaluable insight as to how this homeownership financing resource can be utilized. Learn how to assist potential borrowers and work in partnership with RD staff, as well as other nonprofit organizations and regional intermediaries to deliver successful Section 502 loan […]