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USDA Rural Development Housing Funding Activity: Fiscal Year 2020 Year-End Report

HAC presents an overview of the United States Department of Agriculture (USDA) Fiscal Year (FY) 2020 USDA Rural Housing program obligation activity in this publication, USDA Rural Development Housing Funding Activity: Fiscal Year 2020 Year-End Report.

Since the 1950s, USDA has provided financial assistance for the construction, repair, and affordability of millions of homes for low- and moderate-income rural Americans. USDA accomplishes this activity through its Rural Development (RD) agency. In FY 2020, USDA obligated 151,876 loans, loan guarantees, and grants totaling about $24.5 billion. Since the first USDA housing loan was made (around 1950), the agency has funded the construction, purchase, or repair of nearly 5.4 million rural housing units representing $360.1 billion.

Beginning in 1978, USDA also provided funding for rental assistance to help tenants better afford to rent housing in agency-financed multi-family housing units. In FY 2020, USDA obligated 248,697 annual units of tenant assistance representing about $1.41 billion through the combined total of the Section 521 Rental Assistance and the Section 542 Rural Housing Voucher programs. Since the late 1970s, USDA funded nearly $27.3 billion for rental assistance and tenant vouchers representing nearly 4.1 million annual units.

USDA Program Obligation Final Report - FY 2020
Stats of USDA Rural Housing Obligations as of the End of April FY 2021

HAC’s Presentation of USDA Housing Activity Data Explained

Since 1996, HAC has produced a report on the housing activity (monthly loan and grant obligations) of the US Department of Agriculture Rural Development (USDA). So, what is HAC’s presentation of USDA obligations? And why have we been making it for the last three decades?

In short, HAC’s report tracks how much of each program’s allocation USDA Rural Development is actually using. These “obligations” are funds which have been committed to specific purposes within a program1.

By tracking these obligations, HAC provides a picture of which USDA programs are being used to their fullest. HAC also tracks which states the funds are being obligated in, letting us see where the money is going. These reports help on-the-ground partners keep track of resources USDA is investing in their states.

HAC’s obligation report is the only one of its kind. We tabulate, format, and publish the information as a service to our partners, peers, and everyone interested in how USDA’s rural development programs are coming along. Every month, we calculate the total obligations made year to date through that month. At the end of each fiscal year, HAC also produces a detailed report for the entire year, including charts, maps, income levels of program recipients, and historical trends.

In the last seven decades, USDA Rural Development has invested over $300 billion in communities around the country. Understanding how these funds are used and which communities receive them is vital to being able to leverage those programs to their fullest effect.

For more information about HAC’s USDA data and reports please visit our web page for USDA data:  USDA Information and Data – Housing Assistance Council (ruralhome.org)

USDA Rural Development Housing Funding Activity: Fiscal Year 2019 Year-End Report

HAC presents an overview of the United States Department of Agriculture (USDA) Fiscal Year (FY) 2019 USDA Rural Housing program obligation activity in this publication, USDA Rural Development Housing Funding Activity: Fiscal Year 2019 Year-End Report.

Since the 1950s, USDA has provided financial assistance for the construction, repair, and affordability of millions of homes for low- and moderate-income rural Americans. USDA accomplishes this activity through its Rural Development (RD) agency. In FY 2019, USDA obligated 112,556 loans, loan guarantees, and grants totaling about $16.2 billion not including Multi-family Preservation and Revitalization program loan and grant funding. Since the first USDA housing loan was made (around 1950), the agency has funded the construction, purchase or repair of over 5.2 million rural housing units representing $335.7 billion.

Beginning in 1978, USDA also provided funding for rental assistance to help tenants better afford to rent housing in agency-financed multi-family housing units. In FY 2019, USDA obligated 258,878 annual units of tenant assistance representing about $1.36 billion through the combined total of the Section 521 Rental Assistance and the Section 542 Rural Housing Voucher programs. Since the late 1970s, USDA funded nearly $24.6 billion for rental assistance and tenant vouchers representing 3.57 million annual units.

USDA Program Obligation Final Report - FY 2019

Fiscal Year (FY) 2018 USDA Rural Housing Program Funding Activity Year End Report

FY 2018 USDA Annual Obligation Report CoverThe Housing Assistance Council tabulated data using the USDA Finance Office obligation reports (USDA/Rural Development report code 205c, d and f) and data from the USDA Single Family Housing and Multifamily Housing Divisions in the National Office. The comprehensive report includes tables and maps showing obligation data by program and by State. The report also includes data by fiscal year for each of the programs since program inception.

2019, 173 pages

Fiscal Year (FY) 2017 USDA Rural Housing Program Funding Activity Year End Report

FY 2017 USDA Annual ReportThe Housing Assistance Council tabulated data using the USDA Finance Office obligation reports (USDA/Rural Development report code 205c, d and f) and data from the USDA Single Family Housing and Multifamily Housing Divisions in the National Office. The comprehensive report includes tables and maps showing obligation data by program and by State. The report also includes data by fiscal year for each of the programs since program inception.

This document is available by its individual chapters or as one large compiled document. The compilation document is formatted to print as double-sided pages for printers that are able to print on both sides of the paper. Each chapter starts with a divider page which is intentionally blank to maintain consistency throughout the document.

Updated in May 2018 to include FY 2017 Multifamily Housing Tenant income data and to correct typographic error.

2018, 184 pages

USDA Rural Housing Program Funding Activity Year End Report (FY 15)

USDA RD Rural Housing Program Obligations Year End Report FY 2015Fiscal Year (FY) 2015 USDA Rural Housing Program Funding Activity Year End Report

usda-fy15-obs-yo coverFiscal Year (FY) 2015 USDA Rural Housing Program Funding Activity Year End Report

The Housing Assistance Council tabulated data using the USDA Finance Office obligation reports (USDA/Rural Development report code 205c, d and f) and data from the USDA Single Family Housing and Multifamily Housing Divisions in the National Office. The comprehensive report includes tables and maps showing obligation data by program and by State. The report also includes data by fiscal year for each of the programs since program inception.

This document is available by its individual chapters or as one large compiled document. The compilation document is formatted to print as double-sided pages for printers that are able to print on both sides of the paper. Each chapter starts with a divider page which is intentionally blank to maintain consistency throughout the document.

2015, 164 pages

Download the Full Report
Executive summary

CONTENTS

Introduction/Table of Contents

  1. Summary of USDA Rural Housing Obligations
  2. Single Family Housing Program Obligations
  3. Multifamily Housing Program Obligations
  4. Other Program Obligations
  5. State Obligation Tables
  6. Historical Activity for Selected Programs
  7. Direct Loan Share of Total Obligations for Selected Programs
  8. Homeowner and Tenant Average Income By State
  9. Appropriation and Obligation Tables
  10. About the Data