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  
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: 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.