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Posts tagged: Guaranteed Rural Housing Loan Program

With USDA Support, a Colorado Resident has a New Home

Left to right – Standing on the deck of Greg Kane’s new residence in the Colorado mountains.   Greg Kane, Homeowner;  Alan Stephens, Acting Rural Development Housing Chief of Staff; and Colorado State Director Jim Isgar.

Left to right – Standing on the deck of Greg Kane’s new residence in the Colorado mountains. Greg Kane, Homeowner; Alan Stephens, Acting Rural Development Housing Chief of Staff; and Colorado State Director Jim Isgar.

Owning a home in the same area where he built his business is a win-win for new homeowner Greg Kane.  In early June 2011, Kane purchased his studio condominium at Riverbend, Colorado,  through the help of US Bank Home Mortgage and the USDA Rural Development Guaranteed Rural Housing Loan Program.  Homeownership was the right answer for Kane’s housing dilemma.  Over the past four years as a renter he moved five times.  While his relationships with property owners had always been great, it seemed that something always came up. Twice the homes he was renting were sold and the new owners chose to use it as their primary residence. Read more »