USDA’s yearly occupancy survey shows the total number of properties in USDA’s rural rental portfolio fell by 1.79 from September 2017 to September 2018, a decrease of 227 Section 515 properties and 24 farmworker housing properties, with a total of 4,820 units. The average annual income of Section 515 tenants is $13,112. For Section 515 tenants with Section 521 Rental Assistance, average annual income is $10,911.
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