Donald Parkos on porch of his new home, funded in part through USDA.
The Norfolk, Nebraska Area Habitat for Humanity (NAHFH) wanted to expand the impact of its home construction program, and get a more immediate return on investment so it could help the greatest number of people in need. USDA Rural Development was the agency NAHFH felt was best met that need. Read more »
Colorado native and local business owner Bruce Longwell at his Durango, CO home on July 17, 2012. Mr. Longwell financed the single-family house with a U.S. Department of Agriculture (USDA) Rural Development (RD) Housing Assistance loan. This provided lower monthly payments than his prior rental home. Homeownership provides potential gains through home equity. USDA photo by Lance Cheung.
Homeownership became a reality twice for Bruce Longwell, thanks to USDA Rural Development. Twice has Longwell been able to purchase a home through the USDA Direct Home Loan Program. Read more »
Earlier this month I joined Delaware Senators Tom Carper and Chris Coons in announcing USDA funding support for a project that will help 24 limited-income families build their own homes. It’s called Self-Help Housing.
Under the program, limited-income credit-worthy families work together to build their own houses. Usually, about eight families work together under the guidance of a construction foreman and the process takes about a year. The program requires applicants to provide at least 65 percent of the labor, and at closing, this contribution becomes their “sweat equity.” At the end of the process, USDA provides a direct homeownership loan at an interest rate of as little as one percent.
“The Self-Help Housing Program is one that instills a sense of pride in individuals as they work to build the very structure they will live in,” said Senator Carper. “Homeownership is part of the American dream, and programs like the USDA’s Rural Development Self Help Housing Program make that dream more accessible as we work our way out of this long and difficult recession,” Senator Coons said. Read more »
Greg Sprow about to start construction for the day on his home in Shippensburg, Pennsylvania. Sprow and other homeowners in his neighborhood were able to get their part of the American Dream with the help of a Self-Help Housing Loan through the United States Department of Agriculture, Rural Development, Self-Help Housing Loan Program. One requirement in the contract is that owners of homes in the neighborhood help each other with the construction of each other's homes.
“As we determine the future of federal spending, ensuring adequate housing in rural America must be a priority”- that was the statement that many folks, including Under Secretary Dallas Tonsager echoed at the 2012 National Rural Housing Conference, held last week in Washington DC. Read more »
Late last month, Arlene Zambrana, Rural Housing Program Director, was recognized as the Public Servant of the Year by the Puerto Rico Housing Builder Association.
Through her professional career, she has escalated higher positions that have provided the opportunity to obtain the present position as Rural Housing Program Director. As part of her responsibilities, she has successfully administered a budget of $1,071,533,067 during fiscal years 2009 to 2011 and has provided homeownership opportunities to 7,830 families.
Arlene has been working with the Agency since 1986. She started as assistant to Loan Specialist of the local office of the municipality of San Sebastian. Read more »
A building that will stand against natural disaster for the safety of the Corn Creek District, Rosebud Indian Reservation, South Dakota, is being partially funded through a grant from USDA Rural Development’s Community Facilities Economic Impact Initiative (EII). While providing a safe haven for the residents, the community building will also provide a space for health care and emergency services and a facility for community youth.
If a community building is going to offer so much in integral services for the area, it should also be energy efficient. The foam forms for the walls will be filled with concrete and will add greatly to the insulation and temperature control of the building. Read more »