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SINGLE FAMILY HOME LOAN GUARANTEE (SECTION 502)
US DEPARTMENT OF AGRICULTURE (USDA), RURAL DEVELOPMENT
Program Purpose
Program assists approved lenders in providing low and moderate income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas.
Deadline to Apply
Open application cycle.
Eligibility Description
Individuals
Special Conditions
Rural communities with populations of 10,000 or less.
Funding Availability
Funding Potential for Award–Varies
Range of Awards
Funding Cycle – Duration–Ongoing
Source of Funds–Approved Lender guaranteed by USDA
Application Process
Deadline–Open application cycle
How to Apply–Apply to an approved lender
Selection Criteria & Decision Authority
Frequently Asked Questions:
Please contact USDA with program questions.