Tagged : Rural housing 
There are currently 2 blog entries matching this tag.
Latest from NAR on the Rural Housing Program
Sunday, August 1st, 2010 at 6:58pm. 650 Views, 6 Comments.
Jennifer Mackay
850-774-6582
Panama City Real Estate | Florida
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Rural Housing Preservation and Stabilization Act of 2010
Wednesday, April 28th, 2010 at 11:41am. 1141 Views, 7 Comments.
Yesterday, the U.S. House of Representatives passed the Rural Housing Preservation and Stabilization Act of 2010 (H.R. 5017).
Through this legislation, the guarantee fee in the USDA Guaranteed Rural Housing (GRH) Program may be raised to offset any need for Congressional appropriations.
Additionally, H.R. 5017 would authorize USDA Rural Development to guarantee up to $30 billion in loans in Fiscal Year 2010.
This would represent an additional $18 billion in loan making authority for the remainder of this fiscal year.
Before these changes can be implemented, similar legislative action will need to occur in the U.S. Senate.
Following this action in the House, the USDA Rural Development National Office sent an announcement that stated: Depending upon…