Vol. 50, No. 20

TOP STORIES

Funding for early FY22 likely to pass on Sept. 30.

Congress is expected to pass a continuing resolution on September 30 to keep the government open until December 3, holding programs at their FY21 funding levels. Regular appropriations bills, including those for USDA and HUD, remain in limbo. Three other major legislative efforts are also ongoing: the increase in the U.S. debt limit; the bipartisan infrastructure bill (H.R. 3684); and the $3.5 trillion reconciliation bill that covers social programs including housing (H.R. 5376).

Agencies extend program flexibilities.

Some federal housing programs’ pandemic-related flexibilities were set to expire on September 30 but have been extended.

• USDA Section 502 and 504 direct borrowers experiencing financial hardship can request forbearance (a temporary halt in payments) at any time until the end of the current coronavirus national emergency is declared.
• USDA Section 502 guaranteed borrowers can request forbearance from their lenders at any time until the end of the current coronavirus national emergency is declared.
• Homeowners with mortgages backed by the Federal Housing Administration can request new or extended forbearance at any time until the end of the current coronavirus national emergency is declared.
• Owners of rental properties with mortgages backed by Fannie Mae or Freddie Mac can request forbearance from their lenders at any time until the Federal Housing Finance Administration announces otherwise.
• Suspensions and waivers of HOME program requirements are extended or modified, with varying new expiration dates.

Treasury begins process to reallocate unspent Emergency Rental Assistance.

The Treasury Department has released a general description of its approach to reallocating some Emergency Rental Assistance funds from states and local governments that have not spent them to others with stronger distribution records. A September 24 letter to ERA grantees says Treasury is developing detailed guidance to govern its determinations about what funds will be moved and where they will go. It promises consultation with tribes and U.S. territories before reallocating any of their funds. Distribution of ERA funds has increased every month, but a large portion of the total has not yet been spent.

National homelessness partnership launched.

HUD and the U.S. Interagency Council on Homelessness are inviting mayors, city and county leaders, tribal nation leaders, and governors to work with them in House America: An All-Hands-on-Deck Effort to Address the Nation’s Homelessness Crisis, using American Rescue Plan funding to address homelessness through a Housing First approach.

Comptroller of the Currency nominee announced.

President Biden has nominated Saule Omarova, a Cornell University professor, to serve as Comptroller of the Currency.

House committee supports NAHASDA reauthorization.

On September 15 the House Financial Services Committee reported out H.R. 5195, which would reauthorize the Native American Housing Assistance and Self-Determination Act. The bill must be passed by the full House next.

Registration for virtual National Rural Housing Conference coming soon.

HAC’s National Rural Housing Conference is scheduled to take place virtually on November 30-December 3, 2021. With an exciting and full schedule of workshops and new virtual gathering spaces, the conference offers attendees a premier opportunity to learn from experts and connect with the entire affordable housing industry. Be on the lookout for a registration announcement. We look forward to connecting with you this December!

RuralSTAT

From 2010 to 2020 the rural Hispanic population increased by roughly 1 million people, or 19.7%. Source: HAC tabulations of the U.S. Census Bureau’s 2010 Census of Population and Housing and 2020 P.L. 94-171 Redistricting Data. A Rural Research Brief on race and ethnicity is available  here.

OPPORTUNITIES

Webinar to explore improving racial equity in rural places.

Shared Prosperity: Driving Change Towards an Equitable Rural Economy, to be held October 13, will explore the positive economic and social potential that comes with improving racial equity in rural places. This is the latest in the Rural Opportunity and Development (ROAD) Sessions, virtual exchanges co-designed and hosted by the Aspen Institute Community Strategies Group, HAC, the Rural Community Assistance Partnership, Rural LISC, and the Federal Reserve Board.

Recordings of recent webinars available.

The recording and materials from HAC’s September 28 webinar titled “Build Smart” Webinar Series Part 2: ‘Scaling Down’ to Address Rising Costs are now posted online. A recording of the Citizens’ Institute for Rural Design’s September 15 webinar, Models and Practices for Meaningful Community Engagement, has also been posted.

HAC seeks Community Facilities Housing Specialist.

The Community Facilities Housing Specialist identifies and engages community stakeholders and provides direct technical assistance to rural organizations that are developing facilities such as parks, community centers, public libraries and childcare centers. This is a two-year position and is eligible for telecommuting.

REGULATIONS AND FEDERAL AGENCIES

USDA invites nominations for new Equity Commission.

USDA is creating an Equity Commission to advise the Secretary of Agriculture by facilitating identification of critical USDA programs, policies, systems, structures, and practices that contribute to barriers to inclusion or access, systemic discrimination, or exacerbate or perpetuate racial, economic, health and social disparities. Nominations for committee membership are due October 27. For more information, contact Dewayne L. Goldmon, USDA 202-997-2100.

Guidance on HUD-VASH vouchers updated.

HUD has updated its policies and procedures for the administration of HUD-Veterans Affairs Supportive Housing Section 8 vouchers. The changes add designated service providers to the definition of VA medical centers and provide new waivers and program flexibilities as well as additional general guidance. For more information, contact Ryan Jones, HUD, 202-708-0477.

Administration to tackle extreme heat danger for workers.

The Occupational Safety and Health Administration and other federal agencies announced they will take steps to protect workers better in hot environments and reduce the dangers of heat exposure. These efforts will impact workers in agriculture, construction, and other sectors, as well as vulnerable populations such as children and seniors.

PUBLICATIONS AND MEDIA

The U.S. is becoming more racially diverse – and so is rural America.

Race and Ethnicity in Rural America, a new Rural Research Brief from HAC, presents an initial review of characteristics, trends, and issues related to race and ethnicity in rural America. According to the 2020 Census, 74.8% of the rural population is White non-Hispanic, compared to 57.8% for the U.S. as a whole. Hispanics (who may be of any race) comprise 10.4% of the rural population, Black residents 7.4%, and American Indians or Alaska Natives about 2%. The number of rural residents identifying as multiracial (of two or more races) increased an astounding 148% from 2010, consistent with the national trend.

Tax credit expansion aids rural children.

Children living in counties outside metro areas are more likely than metropolitan children to benefit from the recent temporary expansion of the child tax credit, according to a data analysis by the Daily Yonder. About 49% of rural children are likely to receive increased child tax credits compared to about 39% in metro areas.

Recent research covers farmworker numbers and pandemic impacts.

• Examining the Growth in Seasonal Agricultural H-2A Labor, a recent Economic Research Service study, reports that H-2A temporary farmworker visas have increased 225% – from 79,175 in 2010 to 257,674 in 2019.
• Human Trafficking has Long Haunted Agriculture. Experts Fear it Flourished During the Pandemic, a story by the Midwest Center for Investigative Reporting, describes research finding that “the daily number of labor trafficking and exploitation incidents that had at least one victim with an H-2A visa doubled” from just before the pandemic to the six-month period from April through September 2020.
• Risk Factors Associated with SARS-CoV-2 Infection Among Farmworkers in Monterey County, California, published on the Journal of the American Medical Association (JAMA) Network Open, reports that farmworkers were four times more likely to test positive for COVID-19 than other residents and experienced a higher risk of death from all causes than other workers. Risk factors in both households and workplaces were identified.
• The COVID-19 Farmworker Study is using surveys and in-depth interviews to obtain the perspectives of farmworkers who have been working during the pandemic in California, Oregon, and Washington. Findings from Oregon will be reported in an upcoming issue of HAC’s Rural Voices magazine.

Climate change adaptations for housing underway in Alaska.

In the Seattle Times, Housing in Alaska Can’t Survive Climate Change. This Group is Trying a New Model reports on the Cold Climate Housing Research Center, which has built 22 prototypes incorporating Indigenous wisdom and 21st-century technologies that can withstand the state’s unpredictable climate. These homes will replace those originally imported from the Lower 48 and incompatible with the extreme weather conditions of Alaska.

Need capital for your affordable housing project?

HAC’s loan fund provides low interest rate loans to support single- and multifamily affordable housing projects for low-income rural residents throughout the U.S. and territories. Capital is available for all types of affordable and mixed-income housing projects, including preservation, new development, farmworker, senior and veteran housing. HAC loan funds can be used for pre-development, site acquisition, site development, construction/rehabilitation and permanent financing. Contact HAC’s loan fund staff at hacloanfund@ruralhome.org, 202-842-8600.

Please note: HAC is not able to offer loans to individuals or families. Borrowers must be nonprofit or for-profit organizations or government entities (including tribes).

Vol. 50, No. 19

TOP STORIES

Fiscal year 2022 will start with a continuing resolution.

Congress has not passed any of the appropriations bills to fund the government for the new fiscal year, which begins on October 1, so a continuing resolution will be needed. Its length has not yet been determined. Information about the appropriations levels proposed for USDA and HUD is posted on HAC’s site.

House bill includes over $5 billion for rural housing.

Substantial funding for USDA and HUD housing programs would be provided in the $3.5 trillion budget reconciliation bill now being developed by House committees. The full reconciliation package, which covers social services not included in Congress’s bipartisan infrastructure bill, is expected to pass the House but its fate in the Senate is uncertain.

• On September 14 the Financial Services Committee passed its portion of the package, which includes funds for new construction, rehabilitation, and preservation of USDA-financed rental properties; Section 521 Rental Assistance; Section 502 direct loans; Section 504 repair grants, and Section 523 self-help housing. Details are posted on HAC’s site.
• HUD’s Self-Help Homeownership Opportunity Program (SHOP) would receive an additional $50 million over 10 years.
• The Agriculture Committee’s section of the package includes $3.87 billion over 10 years for a Rural Partnership Program to support rural development.
• The Low Income Housing Tax Credit would get an increased allocation each year from 2022 through 2028 under the Ways and Means Committee’s section. Tax credit basis boosts would be provided for some properties, including those in rural or Native American areas. The bill would make several other changes in the program as well.

Census Bureau calculations show aid reduced poverty in 2020.

The Census Bureau’s annual report on income and poverty shows that the official poverty rate rose from 10.4% in 2019 to 11.4% in 2020, the first increase after five consecutive annual declines. When the calculation includes stimulus payments, poverty fell from 11.8% in 2019 to 9.4% in 2020. Using that measurement, poverty in places outside metro areas fell from 11.6% in 2019 to 8.3%. U.S. median household income fell from $69,560 in 2019 to $67,521 in 2020, the first statistically significant decline in median household income since 2011. For places outside metro areas, changes in median income and the official poverty measurement were not statistically significant.

OCC proposes to withdraw CRA regulation.

The Office of the Comptroller of the Currency has issued a notice requesting comment on a proposal to withdraw its controversial 2020 Community Reinvestment Act regulation. The 2020 rule would remain in effect while the banking regulatory agencies develop a new CRA regulation, with a transition period while some aspects of the 2020 rule are replaced. Comments are due October 29. For more information, contact Emily Boyes, OCC, 202-649-5490.

Registration for virtual National Rural Housing Conference coming soon.

HAC’s National Rural Housing Conference is scheduled to take place virtually on November 30-December 3, 2021. With an exciting and full schedule of workshops and new virtual gathering spaces, the conference offers attendees a premier opportunity to learn from experts and connect with the entire affordable housing industry. Be on the lookout for a registration announcement. We look forward to connecting with you this December!

Last chance to nominate individuals or organizations for rural housing awards – deadline extended to Sept. 24!

As part of the 2021 National Rural Housing Conference, HAC will recognize individuals and/or organizations that have, through their continued work and/or newly established initiatives, made a positive and lasting impact in rural America. HAC invites nominations by September 24 of those who have made outstanding and enduring contribution to affordable housing in rural America. This year, HAC will consider each nomination on its own merits, relative to the specified contributions. More details and a list of potential categories are posted on HAC’s site. For more information, contact Miguel Guevara, HAC.

September 15 – October 15 is National Hispanic Heritage Month.

September is National Preparedness Month.

USDA Rural Development published a guide to RD programs and services that can help with disaster preparedness and recovery, and offers a webpage with information for RD customers.

RuralSTAT

There are nearly 20 million workers in rural America. Source: HAC tabulations of Bureau of Labor Statistics LAUS data.

OPPORTUNITIES

“Scaling down” webinar set for September 28.

HAC presents the second in a series of webinars designed to share innovative solutions for affordable housing developers dealing with escalating prices and implementing additional regulations. “Scaling Down” to Address Rising Costs will share pilot programs to reduce square footage and overall costs while increasing energy efficiency, including partnerships with Auburn University Rural Studio to design small, energy-efficient affordable homes.

Webinars offer training to help residents enroll in Child Tax Credit program.

Free webinars to inform housing and service providers who are helping residents claim the enhanced Child Tax Credit will be offered by the National Housing and Rehabilitation Association on September 24; by HUD on September 24; and by the White House and Treasury Department on September 20.

Survey asks for lessons learned since 2008.

The NHP Foundation, in collaboration with Enterprise Community Partners, invites affordable housing stakeholders to respond to a survey intended to produce a comprehensive look at what has been learned as a result of housing challenges from the Great Recession through the pandemic. The survey should take approximately 15 minutes to complete.

HAC seeks Community Facilities Housing Specialist.

The Community Facilities Housing Specialist identifies and engages community stakeholders and provides direct technical assistance to rural organizations that are developing facilities such as parks, community centers, public libraries and childcare centers. This includes helping them identify, utilize, and apply for financial resources such as USDA Community Facilities grants and loans. This is a two-year position and is eligible for telecommuting.

REGULATIONS AND FEDERAL AGENCIES

Input requested on Equitable Housing Finance Plans for Fannie Mae and Freddie Mac.

The Federal Housing Finance Agency is requiring Fannie Mae and Freddie Mac to develop Equitable Housing Finance Plans that will identify and address barriers to sustainable housing opportunities, including goals and action plans to advance equity in housing finance for the next three years. Public comments are due October 25 and FHFA will hold a public listening session​ on September 28.

HUD sets requirements for American Rescue Plan Act’s HOME funds.

Notice CPD-21-10 establishes requirements for the use of HOME-ARP funds, which must primarily benefit people experiencing homelessness, at risk of homelessness, or in other vulnerable populations. Several waivers and alternative requirements apply. The setaside for Community Housing Development Organizations is waived, but participating jurisdictions can use up to 5% of their grants to provide capacity-building operating assistance to CHDOs and other nonprofits. HUD also published several fact sheets related to this notice.

FY22 Difficult Development Areas and Qualified Census Tracts listed.

HUD’s annual lists of designations for use in the Low Income Housing Tax Credit program have been posted online. For more information, contact Michael K. Hollar, HUD, 202-402-5878.

FEMA widens disaster aid access, including for homeowners without standard titles.

Several changes to FEMA policies are intended to reduce underserved populations’ access to disaster aid. The agency broadened the list of documents that can be used to verify occupancy and ownership. It will allow disaster survivors with heirship properties, travel trailers, and the like to self-certify ownership. Also, assistance will be available for disaster-caused damages even if they did not make a home uninhabitable, and survivors who incur disaster-related disabilities will be eligible for aid to adapt their damaged homes.

Hazard mitigation regulations revised.

FEMA has revised its Hazard Mitigation Assistance and mitigation planning regulations to reflect current statutory authority and agency practice. These regulations cover the Flood Mitigation Assistance grant program, the Hazard Mitigation Grant Program, financial assistance for property acquisition and relocation of open space, and mitigation planning. For more information, contact Katherine Fox, FEMA, 202-646-1046.

USDA requests comments on broadband rules changes.

USDA’s Rural Utilities Service adopted regulatory changes to implement provisions of the 2018 Farm Bill relating to broadband programs, effective immediately. Comments are due November 9. For more information, contact Laurel Leverrier, RUS, 202-720-9556.

PUBLICATIONS AND MEDIA

News consortium plans to expand coverage of rural America.

The Institute for Nonprofit News hopes to uncover the most pressing issues confronting rural communities, with a focus on solutions. Over 50 INN news outlets prioritize coverage of rural communities and will form the basis of this two-year collaboration. The Daily Yonder and Investigate Midwest will serve as hubs for the project. For more information, contact INN.

USDA Community Facilities programs may have reduced pandemic’s impact.

Counties where USDA’s CF programs invested in health care facilities between 2016 and 2020 had lower COVID-19 case and death rates than other counties, regardless of rurality or poverty level, according to USDA’s Community Facilities Program May Help Rural America Cope with COVID-19, published in the magazine of the Agricultural & Applied Economics Association. The impact was strongest in remote counties.

Documentaries focusing on rural environmental justice to be shown across five states.

Working Films Rural Cinema, in collaboration with five nonprofit organizations across the country, is showing a total of 20 documentaries in rural communities in Georgia, Missouri, Montana, Pennsylvania, and Utah.  These organizations intend to use the showings as a way to open a discussion about environmental topics.

Need capital for your affordable housing project?

HAC’s loan fund provides low interest rate loans to support single- and multifamily affordable housing projects for low-income rural residents throughout the U.S. and territories. Capital is available for all types of affordable and mixed-income housing projects, including preservation, new development, farmworker, senior and veteran housing. HAC loan funds can be used for pre-development, site acquisition, site development, construction/rehabilitation and permanent financing. Contact HAC’s loan fund staff at hacloanfund@ruralhome.org, 202-842-8600.

Please note: HAC is not able to offer loans to individuals or families. Borrowers must be nonprofit or for-profit organizations or government entities (including tribes).

Vol. 50, No. 18

TOP STORIES

Supreme Court invalidates eviction moratorium.

The Centers for Disease Control did not have sufficient authority to issue its August 3 eviction moratorium, the Supreme Court ruled on August 26. The court held that the administration cannot impose another moratorium on tenant evictions unless Congress specifically authorizes it. HAC expressed concern about the decision’s impact on rural residents, given that the pandemic and the unprecedented job loss it caused have exacerbated longstanding rural housing challenges. Some state and local eviction limitations remain in place. Resources for tenants, landlords, and homeowners are collected on HAC’s site.

Agencies take steps to assist renters.

Federal agencies have instituted new flexibilities and issued reminders to help tenants who have fallen behind on rent and utilities payments.

• USDA will work with its multifamily property owners to mitigate evictions. USDA also announced permission for owners to access reserves for operating shortfalls while waiting to receive Emergency Rental Assistance, financial incentives to property management agents that tap ERA to clear arrearages, and increased support from USDA field staff.
• The Treasury Department issued revised FAQs and an announcement about policy changes intended to help state and local governments and their partners to distribute Emergency Rental Assistance funds.
• “Shallow Subsidy” rental assistance funds for veteran households are now available nationwide from VA’s Supportive Services for Veteran Families program.
• HUD Secretary Marcia Fudge, Treasury Secretary Janet Yellen, and Attorney General Merrick Garland encouraged states and localities to act, including imposing eviction moratoriums and connecting eviction proceedings to rent aid applications.

Administration efforts to provide more affordable housing announced.

On September 1, the Biden administration announced a series of actions it intends to take to increase the supply of affordable homes for renters and owners. The provisions include raising the caps on Fannie Mae’s and Freddie Mac’s Low Income Housing Tax Credit investments and requiring a larger portion of those LIHTC investments be targeted to rural places; increasing financing for CDFIs; emphasizing sale of foreclosed single-family homes to families and nonprofits; and increasing state housing finance agencies’ ability to finance affordable rental housing by restarting the Federal Financing Bank’s support of FHA’s Risk-Sharing Program. The administration also asked state and local governments to remove regulatory barriers.

Budget resolution and infrastructure bill move in House.

The House passed the $3.5 trillion budget resolution on August 24. Next, committees in both the House and the Senate will draft legislative language, including specific amounts for specific programs. The House also moved forward on the bipartisan infrastructure bill, scheduling a vote for September 27. Annual appropriations bills for FY22, which begins on October 1, 2021, have not advanced; Congress will need to adopt a continuing resolution to keep the government functioning beyond September.

Save the date! 2021 National Rural Housing Conference scheduled.

HAC is pleased to announce plans to convene its 2021 National Rural Housing Conference and Training! The conference provides an excellent opportunity to network and improve connections to federal agencies, national intermediary organizations, and other stakeholders. The HAC News will announce when registration opens.

Nominate individuals or organizations for rural housing awards.

As part of the 2021 National Rural Housing Conference, HAC will recognize individuals and/or organizations that have, through their continued work and or newly established initiatives, made a positive and lasting impact in rural America. HAC invites nominations by September 17 of those who have made outstanding and enduring contribution to affordable housing in rural America. This year, HAC will consider each nomination on its own merits, relative to the specified contributions. More details and a list of potential categories are posted on HAC’s site. For more information, contact Miguel Guevara, HAC.

RuralSTAT

Between August 1 and August 31, communities outside of metropolitan areas reported nearly 700,000 new cases of COVID-19 – a 291% increase over the previous 30-day period. Source: HAC tabulations of public health data from the New York Times. A Rural Research Note updating the COVID-19 situation in rural America is available on HAC’s site.

 

OPPORTUNITIES

HUD offers funds for Native American housing.

• The Indian Housing Block Grant competitive program helps tribes and Tribally Designated Housing Entities maintain, develop, and operate affordable housing. The deadline is December 1. For more information, contact HUD staff.
• The Indian Community Development Block Grant program will finance tribes to develop community facilities, carry out public works projects, and provide economic development assistance. Apply by October 25. For more information, contact HUD staff.
• HUD will accept applications for ICDBG funds appropriated by the American Rescue Plan Act in accordance with HUD Notice PIH-2021-22. For more information, contact HUD staff.

Webinar planned on rural community engagement.

CIRD: Models and Practices for Meaningful Community Engagement, scheduled for September 15, will ask what meaningful community engagement work looks like for rural communities. The webinar, sponsored by the Citizens’ Institute for Rural Design, will give participants a chance to share engagement strategies and learn new ways to strengthen community engaged design work. It will also cover engagement in the context of COVID-19 and building greater inclusivity with community members whose identities differ from our own.

HAC seeks Community Facilities Housing Specialist.

The Community Facilities Housing Specialist identifies and engages community stakeholders and provides direct technical assistance to rural organizations that are developing facilities such as parks, community centers, public libraries and childcare centers. This includes helping them identify, utilize, and apply for financial resources such as USDA Community Facilities grants and loans. This is a two-year position and is eligible for telecommuting.

REGULATIONS AND FEDERAL AGENCIES

“Public charge” comments sought.

U.S. Citizenship and Immigration Services is revising the regulation that bars immigrants considered likely to become “public charges” because of their use of government assistance. Comments are due October 22. USCIS will hold virtual listening sessions on September 14 (for the general public) and October 5 (for state, local, and tribal governments and nonprofits). For more information, contact Andrew Parker, USCIS, 240-721-3000.

Reimbursement for non-congregate shelters extended.

FEMA will provide 100% reimbursement for some emergency measures taken through December 31, 2021 by state, local, and tribal governments and nonprofits to protect against immediate threats to life, public health, or property. During the coronavirus disaster, this category includes non-congregate sheltering of people experiencing homelessness.

Input requested on federal homelessness plan.

The U.S. Interagency Council on Homelessness seeks public comments as it creates a new Federal Strategic Plan to Prevent and End Homelessness. USICH invites feedback from anyone, particularly people who have experienced or are currently experiencing homelessness; people who serve the LGBT, BIPOC, or veteran communities; and people whose work involves the justice system.

HAC agrees with HUD fair housing rule.

HAC has submitted a comment letter supporting HUD’s proposed cancellation of a fair housing regulation issued by the Trump administration in September 2020. This rule governs fair housing violation claims based on policies or actions with “disparate impacts” on categories of people protected by the Fair Housing Act.

PUBLICATIONS AND MEDIA

HAC offers information for survivors of Hurricane Ida and TN floods.

Disaster guides for areas hit by Hurricane Ida and for places in middle Tennessee that flooded on August 21 are posted on HAC’s website.

CDBG-CV Rural Economic Development Quick Guide published.

A new guide from HUD is intended to help states and rural places use Community Development Block Grant CARES Act (CDBG-CV) funding to support the local economic development infrastructure needed for pandemic recovery. The guide covers the economic development needs of rural communities, best practices, and duplication of benefits.

Housing helps Navajo Nation deal with pandemic.

For Navajo, Crowded Homes Have Always Been a Lifeline. The Pandemic Threatens That, an interactive video published by the Washington Post, illustrates both pre-pandemic housing inadequacies on the Navajo Nation and the cultural importance of multi-generational living. About 300 tiny homes have been built near existing residences to allow family members to isolate as necessary.

As federal pandemic relief ends, rural food insecurity is expected to rise.

The Daily Yonder reports in Experts: Food Insecurity in Rural Areas Likely to Increase in Months to Come that as federal benefits such as unemployment assistance expire in September, food insecurity will probably increase. Previous studies have indicated that rural areas have higher rates of food insecurity than the rest of the country.

Rural news providers try to bridge the information divide.

Nieman Reports provides an overview of six rural-based news outlets, including the Daily Yonder, Southerly, the News Reporter, High Country News, Ohio Valley ReSource, and Mountain State Spotlight. These outlets aim to provide culturally competent news that is important to local audiences.

Need capital for your affordable housing project?

HAC’s loan fund provides low interest rate loans to support single- and multifamily affordable housing projects for low-income rural residents throughout the U.S. and territories. Capital is available for all types of affordable and mixed-income housing projects, including preservation, new development, farmworker, senior and veteran housing. HAC loan funds can be used for pre-development, site acquisition, site development, construction/rehabilitation and permanent financing. Contact HAC’s loan fund staff at hacloanfund@ruralhome.org, 202-842-8600.

Please note: HAC is not able to offer loans to individuals or families. Borrowers must be nonprofit or for-profit organizations or government entities (including tribes).