| Program Name: | Multifamily preservation and revitalization loans and grants | |
| Organization: | United States Department of Agriculture – Rural Development | |
| Address: | 2118 W. Part Court, Suite A, Champaign, IL 61821 | |
| Phone: | 217-403-6200 | |
| Fax: | ||
| TDD: | ||
| Email: | ||
| Website: | https://go.usa.gov/xzDzw | |
| Briefly Describe the Purpose of the Program | ||
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Funds loan restructuring for existing USDA Rural Rental and Off-Farm Labor Housing projects to improve safe, affordable rental housing |
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| Year Program Established: | ||
| Eligibility Requirements or Restrictions | ||
| Current owners of USDA Multifamily Direct or Farm Labor Housing properties, and certain prospective buyers. | ||
| Application Deadline: Rolling bases | ||
| Application Guidelines: | ||
| Funding Cap Per Application or Fiscal Year Program Funding: | ||
| How Must Funds Be Used: | ||
| Funds can be used for debt deferral, soft-second mortgage or zero-interest loans. | ||
USDA – Multifamily preservation and revitalization loans and grantsadmin_iira2023-09-22T21:00:40-05:00