Rural Housing Programs Assistance is available
to purchase or build a single-family home, repairs for existing homeowners
and development of affordable rental housing. This type of assistance is
available in rural communities and small-incorporated towns/cities of up to
10,000 population. Some communities of between 10,000 to 20,000 populations
may be eligible. Programs are administered through our Local Offices
Home Ownership Loans The agency has taken
two approaches for the specific needs of very low and low-income households
as well as the requirements of moderate-income households. *NEW* MA State
Supplement to HB-1-3550, Appendix 7. Homeowner Education Resources.
May 7, 2007: There are many sources of homebuyer
education. The link below will bring you to a spreadsheet that provides a
listing of numerous sources of homebuyer education in the Southern New
England. Some of the organizations may limit the number of classes,
participants or area in which they cover. We have attempted to include
recent and accurate information to assist you in selecting or finding a
source of homebuyer education. First priority should be courses that are
free or have fees less than $50. The cost of the homebuyer education is the
responsibility of the applicant.
Guaranteed Rural Housing Newsletters Vol. 1, Issue 1, April 1, 2006:
Vol. 1, Issue 2, May 1, 2006:
Vol. 1, Issue 3, August 1, 2006:
Vol. 1, Issue 4, September 15, 2006
Vol. 1, Issue 5, November 1, 2006
Vol. 1, Issue 6, December 8, 2006
Vol. 2, Issue 1, January 22, 2007
Home Improvement and
Repair Loans and Grants Loans are available to
very low-income homeowners to address general repairs to improve or
modernize, weatherize and/or remove code violations. Loans are limited to a
maximum of $20,000 scheduled for repayment in not to exceed 20 years at a
rate of one percent interest. Grants are available up to $7,500 for senior
citizens unable to afford a loan, but only for repairs and improvements that
will remove health or safety hazards. Repairs may also be made to make the
property accessible and useable for household members with disabilities. Rural Rental Housing
Loans Rental housing
authorities provide loan resources to public, profit and non -profit entities
to create rental units in rural communities. These apartment complexes are
designed to serve the needs of a specific community, to provide rental
housing for elderly, family and mixed-use complexes. *Fiscal Year 2007
Designated Places List In Connecticut
In Massachusetts click here In Rhode Island click here Applications for Section 515 new construction loans will be accepted for listed communities only. Communities on this list are considered equal with no regard to their order on the list. Inclusion on this list does not indicate that a need or demand for Section 515 housing has been established.
Multi-Family Housing Newsletters Vol. 1, Issue 1, April 1, 2006:
Vol. 1, Issue 2, May 1, 2006:
Vol. 1, Issue 3, July 5, 2006:
Vol. 1, Issue 4, September 1, 2006
Vol. 1, Issue 5, November 1, 2006
Vol. 1, Issue 6, December 4, 2006
Vol. 2, Issue 1, March 14, 2007
Other Housing
Assistance Rural Development has
many other programs that are funded at substantially lower levels or are
available on a limited basis. Examples are Housing Preservation Grants, Farm
Labor Housing, and Self Help Housing. Please contact your local office for additional information.
Our
national site contains more information on the following programs.
Direct
Rural Housing
For program clarification on your specific eligibility please contact the
Rural Development office near you: Local Assistance.
Rural Development -
Southern New England Jurisdiction |