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Multiple Family Housing Loans - United States Department of Agriculture Rural Development

NOTE: Not accepting applications at this time. Check website for updated information. Provides loans, loan guarantees, and grants that enable rural property owners to develop and rehabilitate properties for low-income, elderly, individuals living with a disability, families, and domestic laborers. Works directly with farm labor housing loan properties to subsidize rents for low-income tenants who cannot afford to pay their full rent. Additional services include: - Subsidized loans for construction or rehabilitation of rental housing complexes in rural communities to serve very-low and low-income households - Directory of Rural Development-financed complexes with location and contact information for prospective residents - Rent subsidy vouchers to protect eligible tenants who may face hardship if they cannot find affordable housing (available at most complexes) - Uses a variety of tools to revitalize and preserve the physical and financial health of properties currently in the USDA's rural rental portfolio

Last assured

08/30/2024

Physical Address

1005 High Avenue NE, Willmar, MN 56201

Hours

8 am - 4:30 pm Monday - Friday

Application process

Call or email

Fee

Vary

Required documents

Application/intake form; photo ID

Eligibility

Open to all rural property owners

Service area

MN

Agency info

United States Department of Agriculture Rural Development

USDA Rural Development serves as the lead federal entity for rural development needs and administers program assistance through three agencies: Rural Housing Service, Rural Business-Cooperative Service, and Rural Utilities Service.

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