USDA Rural Development Kentucky State Director Thomas Fern, Easton and Shawna Barnett, and Josh Speight of Kentucky Baptist Fellowship with volunteer builders in the background. USDA Photos.
Imagine for a moment you are a child surrounded by kind strangers – trailers coming and going with large pieces of structure, big cranes lifting and moving objects, women and men pounding nails into wood, saws ripping through timbers and groups of people working together to upright walls that will someday hold your toys.
Imagine being a child who only understands all this commotion through the explanation by his mother and father this will soon be their home. He doesn’t understand words like, “wealth creation”, “equity”, “dream of homeownership”, or other adult terms we use to define the values of owning a home. To him, it is about having a place where he can go outside and play in the yard, a place where his room becomes his refuge on occasion, and a place where he creates and records the moments in life that later become the memories recanted to his children and grandchildren. For Easton, watching all of this commotion and seeing the kindness of strangers, will be a memory that he will long remember. Read more »
U.S. Department of Agriculture (USDA), Rural Housing Service (RUS) Administrator Tammye Treviño visit to South Dakota to co-chair a StrikeForce meeting in Sisseton, SD, attend a Housing Fair, and visit homes and facilities financed by USDA, Rural Development (RD) as part of National Homeownership Month, on Monday, June 3, 2013. USDA photo by Tammi Schone.
With great pleasure, South Dakota hosted Tammye Trevino, USDA Rural Development’s Administrator for Housing and Community Facilities, as she began the Agency’s Homeownership Month tour in Sisseton, S.D. Her news about USDA’s initiatives and welcoming spirit of collaboration and forward-thinking were very encouraging and much appreciated by all! Read more »
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 »