Rural Voices
Shawn Poynter / There Is More Work To Be Done
Shawn Poynter / There Is More Work To Be Done
Access a pdf version of Rural Voices.
Features
USDA Housing Programs:
Expand Homeownership. By providing affordable mortgages to low- and very low-income households, USDA Sections 502 and 523 increase homeownership rates beyond what the private market will support.
Promote Affordability. The low rates of foreclosure for self-help and other USDA-financed homes show that USDA housing programs provide truly affordable mortgages.
Create Jobs. Section 502 funds support local businesses that sell materials, construction workers, plumbers, electricians, and others who depend on housing development for their livelihood.
Stabilize Families and Communities. Homeownership benefits families through a more stable environment for children and more investment in the surrounding community; particularly if the whole block help build one another’s home.