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Center for Rural Multifamily Housing Preservation

Why Rental Preservation?

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 Agriculture (USDA). No new USDA direct-financed rental housing has been developed in years, and the existing properties are increasingly losing their affordability provisions. Often, Section 515 properties are the only affordable rentals in a rural place and when they leave USDA’s program, they may be lost as affordable rentals, exacerbating the shortage of decent, affordable homes for the lowest-income rural Americans.

HAC’s preservation Technical Assistance program offers invaluable one-on-one support to nonprofits aiming to acquire Section 515 properties. Our team of experts works closely with these organizations, guiding them through every step of the acquisition process.

HAC’s Multi-Disciplinary Approach to Rental Housing Preservation
  • Policy

    HAC’s independent, non-partisan policy efforts focus on providing policymakers with the information needed to make informed policy decisions.

    Policy Priorities Button

  • Research and Information

    HAC is the leading source of research and information on rural housing, people, and places.

    Preservation Publications

    HAC News

  • Lending

    Lending for preservation has been an important goal of HAC’s loan fund. Over the past (xx years) HAC’s financing supported preservation of xxx units of USDA 515 housing and xxx units of other affordable rural rental housing

    Preservation Publications

    HAC News

More Information
Rental Preservation

HAC Announces New Center for Rural Multifamily Housing Preservation

Contact: Kristin Blum kristin@ruralhome.org (202) 842-8600 Washington,…