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
Voice
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.