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  2. USDA loans: What are they and am I eligible? - AOL

    www.aol.com/finance/usda-loans-am-eligible...

    Homes purchased with USDA loans must be located in eligible rural areas. The USDA defines these areas as “open country or any town, village, city, or place, including the immediately adjacent ...

  3. USDA home loan - Wikipedia

    en.wikipedia.org/wiki/USDA_home_loan

    A USDA home loan is different from a traditional mortgage offered in the United States in several ways. USDA loans require no down payment, meaning that it is possible to finance up to 100% of the property value. One must meet the income restrictions for the county in which the buyer is interested. Each county has a maximum Income Requirement.

  4. Southern Orchards - Wikipedia

    en.wikipedia.org/wiki/Southern_Orchards

    The Southside Home Ownership Program oversaw the renovation of 14 houses in the Southern Orchards area. The renovated homes were vacant and sold as owned homes. Eligible buyers had an income below 80% of the median area income. Grants were used to subsidize the homes and provide down payment assistance. [19]

  5. Rural Housing Service - Wikipedia

    en.wikipedia.org/wiki/Rural_Housing_Service

    The Rural Housing Service (RHS) is an agency of the United States Department of Agriculture (USDA). Located within the Department's Rural Development mission area. RHS operates a broad range of programs to provide moderate- low- and very-low-income Americans in rural communities with:

  6. Consolidated Farm and Rural Development Act of 1972

    en.wikipedia.org/wiki/Consolidated_Farm_and...

    The Consolidated Farm and Rural Development Act of 1972 or Con Act (P.L. 92-419) authorized a major expansion of USDA lending activities, which at the time were administered by Farmers Home Administration (FmHA). The legislation was originally enacted as the Consolidated Farmers Home Administration Act of 1961 (P.L. 87-128). In 1972, this title ...

  7. USDA Rural Development - Wikipedia

    en.wikipedia.org/wiki/USDA_Rural_Development

    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.

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