|Program||Section 542 Rural Voucher Program|
|Agency||US Department of Agriculture Rural Development|
USDA Rural Development announces that funding is available for the Rural Development Voucher Program. The NOFA also gives the general policies and procedures for the program in FY14 (there are no regulations for this program). These vouchers are only for tenants in a property financed by a Section 515 USDA loan that has been prepaid or foreclosed upon after September 30, 2005. Tenants in these properties should receive notice from USDA RD after the prepayment or foreclosure occurs, offering vouchers and providing application information.
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