Missouri | |
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FARM LABOR HOUSING |
RD Regulation 7 CFR 3560 |
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APPLICATIONS AND FUNDING SELECTION |
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PURPOSE: To make loans to provide decent, safe, and sanitary housing for domestic farm labor in areas where needed and provide grants where there is a pressing need for such facilities in an area for farm laborers, and there is a reasonable doubt that housing can be provided without the grant assistance. |
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APPLICANTS: | Must be a farm owner, family farm partnership, family farm corporation, or an association of farmers whose farming operations demonstrate a need for farm labor housing, or an organization which will own the housing and operate it on a nonprofit basis. |
ELIGIBILITY REQUIREMENTS: |
To be eligible for a loan the applicant must meet the following: |
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In addition to the above, to be eligible for a labor housing grant the applicant must meet the following: | |
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RATES AND TERMS: |
Loan will be amortized for 33 years at 1% percent interest rate. |
APPLICATIONS AND FUNDING SELECTION: |
Applications for loans are processed by one of our six area offices throughout the state. Applications for Farm Labor Housing Grants are now announced annually as a Notice of Funding Availability (NOFA) in the Federal Register. Allocation for loans and grants are maintained by the National Office. Must get authorization from National Office before proceeding with final requests. |
LOAN PURPOSES: |
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GRANT REQUIREMENTS: |
A grant may be made to an eligible applicant when the following requirements are met: |
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Revised on: April 9, 2008 |