| Program Name: | Multifamily Preservation and Revitalization (MPR) | |
| 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 | ||
| Funds loan restructuring for existing USDA Rural Rental and Off-Farm Labor Housing projects to improve safe, affordable rental housing | ||
| Year Program Established: | ||
| Eligibility Requirements or Restrictions | ||
| Current owners of USDA Multifamily Direct or Farm Labor Housing properties, and certain prospective buyers. | ||
| Application Deadline: Closed | ||
| Application Guidelines: | ||
| Funding Cap Per Application or Fiscal Year Program Funding: | ||
| How Must Funds Be Used: | ||
| Funds may be used to preserve and improve existing Rural Rental Housing and Off-Farm Labor Housing projects in order to extend their affordable use without displacing tenants through increased rents. | ||
USDA – Housing – MFH preservation and revitalization loans and grantsadmin_iira2024-05-22T16:35:52-05:00