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Rural Housing Site Loans

Open Date:

Continuous

Close Date:

Continuous

Eligible Recipients:

  • General Public
  • Native/Tribal Entity
  • Non-profit
  • Private Sector

Program Purpose:

Low-income Assistance

Reserved for Energy
Communities?

No

Upcoming Milestones:

Funded by:

U.S. Department of Agriculture

Overview

Rural Housing site loans provide two types of loans to purchase and develop housing sites for low- and moderate-income families:

  • Section 523 loans are used to acquire and develop sites only for housing to be constructed by the Self-Help method. Refer to RD Instruction 1944-I for more information about the Self-Help program.
  • Section 524 loans are made to acquire and develop sites for low- or moderate-income families, with no restriction as to the method of construction. Low-income is defined as between 50-80% of the area median income (AMI); the upper limit for moderate income is 115% of the AMI.

Funding Details

Funding Source:
Funding Type:
Loan
Total Amount Available:
$0
Limit per Applicant:
Not stated
Estimated Awards:
Not stated

Applicant Guidance

Contact Information

Please contact your local State Office and speak to a Housing Program Specialist before attempting to fill out any forms or applications. This will save you valuable time in your application.

https://www.rd.usda.gov/about-rd/state-offices

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