![](https://webarchive.library.unt.edu/eot2008/20090117172101im_/http://www.rurdev.usda.gov/ca/images/nnodimmug.JPG)
Multi-Family Housing Program
2008 Highlights
|
Farm Labor Housing $30.9
million
Guaranteed Rental $23.2 million
Rental Housing Loans $6
million Preservation Grants
$509,060
Rental
Assistance $27.5 million
|
Home ownership is desired by a growing number of
Californians, but due to limited incomes, rising real estate prices and
other factors, some rural residents are renters. In 2008, USDA Rural
Development invested over $97 million in multi-family housing programs to
help rural renters of all types.
Rural Development’s portfolio of rental
assistance includes Rural Rental Housing Loans to finance the construction
of rental housing for low- and moderate-income individuals and families and
cooperative housing for elderly or disabled residents. We also award Housing
Preservation Grants to provide assistance to rural communities to improve
and modernize housing standards. USDA
Rural Development provides Rental Assistance, which enables low-income
tenants to pay no more than 30 percent of their income for rent.
One of our important missions is support of
affordable, modern farmworker housing. In fiscal 2008, over $30.9 million in
loans and grants was invested to help ensure hundreds of farmworkers and
their families had access to safe, affordable housing.
Wherever the need exists for affordable rental
housing, Rural Development in California
will play a major role to help low-income tenants and their families.
Stephen Nnodim
Director, Multi-Family Housing Program
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