Announcements

Jennifer Emerling / There Is More Work To Be Done

Funds Running out for FY2010 Sec. 502 Guaranteed Funding

On March 9, 2010, USDA housing programs administrator Tammye Trevino sent notices to USDA Rural Development field offices and lenders explaining that the agency expects all FY2010 funds for Section 502 guaranteed loans to be used by the end of April.

On March 15 Reps. Barney Frank (D-Mass.), Maxine Waters (D-Calif.), Dennis Moore (D-Kansas), Rubén Hinojosa (D-Texas), and Joe Baca (D-California) wrote to USDA Secretary Tom Vilsack and House Agriculture Appropriations Subcommittee Chair Rosa DeLauro urging the agency not to shift funds away from other programs to Section 502 guarantees.

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Posted: March 18, 2010

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