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Section 542 Vouchers, FY14 NOFA (published 7/31/14)

Program Section 542 Rural Voucher Program
Agency US Department of Agriculture Rural Development
Action NOFA
Date 7/31/14
Link https://www.gpo.gov/fdsys/pkg/FR-2014-07-31/pdf/2014-17979.pdf

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.