WASHINGTON, March 23 -- Rural Housing Service has issued a notice called: Single Family Housing Section 502 Home Loan Program-Self-Help and Affordable Housing.
The notice was published in the Federal Register on March 23 by Anthony Priest, Chief of Staff, Rural Housing Service.
Summary: The Rural Housing Service (RHS or the Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), is issuing this notice to announce a pilot for the Single Family Housing Section 502 direct loan program (Section 502) to test alternative values of modest housing for self-help housing and when affordable housing products are provided. The Agency intends to evaluate the impact of authorizing the value of properties construc...