Program Name: Multifamily Housing Direct Loans
Organization: United States Department of Agriculture – Rural Development
Address: 2118 W. Part Court, Suite A, Champaign, IL 61821
Phone: 217-403-6200
Briefly Describe the Purpose of the Program
Finances affordable multifamily rental housing for low-income, elderly, or disabled individuals and families.
Year Program Established:
Eligibility Requirements or Restrictions
Open to: government organizations, federally recognized Tribes, individuals, trusts, associations, partnerships, for profit organizations, nonprofits and cooperatives.
Application Deadline: Closed
Application Guidelines:
Funding Cap Per Application or Fiscal Year Program Funding:
How Must Funds Be Used:
Funds can be used to buy and improve land, and to build, improve, or purchase existing multifamily housing