Program Name: | Off-farm labor housing loans | |
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/xzW3q | |
Briefly Describe the Purpose of the Program | ||
Provides financing to develop or rehabilitate rental housing for lower-income domestic, migrant, and seasonal farm laborers. |
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Year Program Established: | ||
Eligibility Requirements or Restrictions | ||
Open to: Individuals, partnerships, and family farm corporations. Terms and Conditions: 33 years at a 1 percent interest rate. No loan minimum. Loans can cover up to 100 percent of the total development cost. |
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Application Deadline: Rolling bases | ||
Application Guidelines: | ||
Funding Cap Per Application or Fiscal Year Program Funding: | ||
How Must Funds Be Used: | ||
Can be used to develop or rehabilitate rental housing. |
USDA – Off-farm labor housing loansadmin_iira2023-09-22T20:57:51-05:00