Washington, May 19 -- Congressman Jim Costa issued the following press release:
Today, Representatives Jim Costa (CA-21), Sarah McBride (DE-AL), and James Moylan (GU-AL) led a bipartisan letter urging U.S. Secretary of Agriculture Brooke Rollins and the U.S. Department of Agriculture (USDA) to immediately reverse recent changes to the Section 502 Direct Loan Program, a key federal program that helps low- and very low-income families in rural communities access homeownership. The letter calls on USDA to rescind the February 10, 2026, handbook revisions and work with Congress and stakeholders on any future updates to the program.
The Section 502 Direct Loan Program serves as the federal government's primary rural homeownership tool, helpin...