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The Community Facilities Program (CFP), administered by the Rural Housing Service (RHS) of the United States Department of Agriculture (USDA), provides grants, loans, and loan guarantees to local governments, federally recognized tribes, and non-profit organizations. [1]
A USDA home loan is a no-down payment mortgage for low- and moderate-income homebuyers in largely rural areas. USDA loans are part of a national program created by the U.S. Department of ...
This program is adminisgtered by the Community Facilities Program; RHS administers direct loans, loan guarantees and grants. Direct loans are made and serviced by USDA staff; loan guarantees are made to banks or other private lenders, and grants are made directly to a person or organization.
The Rural Development Administration (RDA) was a USDA agency established by the 1990 farm bill (P.L. 101-624, Sec. 2302), amending the Consolidated Farm and Rural Development Act of 1972 (7 U.S.C. 1921 et seq.), to administer FmHA community and business programs and other USDA rural development programs. After a brief period named "Rural ...
USDA Rural Development programs can help buyers obtain loans with no down payment to buy or build homes in qualifying locations. USDA Rural Development status seen as 'game changer' for Glencoe ...
Dec. 21—The U.S. Department of Agriculture (USDA) has launched an online application for Direct Loan customers. More than 26,000 customers who submit a Direct Loan application each year can now ...
(Sec. 708) Makes eligible for economic development and job creation assistance under the Rural Electrification Act in the same manner as a borrower under such Act any former Rural Utilities Service borrower that has repaid or prepaid an insured, direct, or guaranteed loan under such Act, or any not-for-profit utility that is eligible to receive ...
The Rural Community Advancement Program is a program established by the 1996 farm bill (P.L. 104-127, Sec. 761) under which USDA is authorized to provide state rural development block grants, direct and guaranteed loans, and other assistance to meet rural development needs across the country. Program funding is allocated to three accounts: (1 ...
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