FARM LABOR HOUSING (SECTION 514 & 516)
US DEPARTMENT OF AGRICULTURE (USDA), RURAL DEVELOPMENT
Program Purpose
Safe, well-built, affordable rental housing for occupancy by farm workers.
Eligibility Description
Individuals, public, private non-profit, Tribes and association of farmers/cooperatives.
Special Conditions
No population restriction.
Funding Availability
Varies by FY–(Specify the total annual funding available for distribution.)
$2MM
(Enumerate the dollar range of awards that can be expected or give the factors such as population considered in awards made by formula.)
Two Years–(Note when contracts are executed and how long the grantee or loan recipient has to expend the funds.)
Federal Funds–(Identify the funding source, indicate if programs are federally funded and pass through the state before being distributed locally, funded by the New Mexico State Legislature, funded by a special on-going fund, or funded from bonds.)
Application Process
Listed in the NOSA–(Cite the application deadline.)
How to Apply–Apply to Rural Development.
Selection Criteria & Decision Authority–Application accepted under a NOFA. Can finance up to 100% of total development cost (TDC) to non-profit or 95% to limited partnerships w/low income housing tax credits. Term 33 years at 1 percent interest. Grants up to 90% of TDC available only to non-profits.
7 CFR 3560
(List the federal and state legislative citation that created or funded the program.)
None
(Assist grant seekers in locating other programs for the same or related purpose. Provide the name, administering agency, and code number. This will help grant seekers find more appropriate resources or combine resources from different agencies.)