The U.S. Department of Agriculture’s (USDA) annual report on the Expenditures on Children by Families has found that a middle-income family with a child born in 2012 can expect to spend about $241,080 for food, shelter, and other necessities associated with child rearing expenses over the next 17 years.
How much will that little bundle of joy cost? According to USDA’s Cost of Raising a Child report, the answer for a child born in 2012 is $241,080 for food, shelter and other necessities over the next 17 years, which translates to about $301,970 when adjusted for inflation!
Speaking as a father and a grandfather, I know how much we as parents want to give our children the tools they need to excel at anything they set their minds to—from the essentials, like a roof over their heads and a quality education, to the fun stuff, like a brand new soccer ball, piano lessons or a trip to summer camp. We work hard to ensure our children’s future happiness and success each and every day. Read more »
Crow Creek MOU signing – Pictured left to right are Bruce Jones, USDA Rural Development Acting Housing Director; Brandon Sazue Sr., Crow Creek Sioux Tribal Chairman; Leeann Piskule, Crow Creek Housing Authority Residential Services Coordinator; Paula Corcoran, USDA Rural Development Loan Specialist; Lori Moen, GROW South Dakota Chief Operating Officer; Ronnette Kirkie-Walton, Crow Creek Housing Authority Acting Chief Executive Officer; Terry Abernathy, Crow Creek Sioux Tribal Secretary; and Wayne McGhee Crow Creek Sioux Tribal Councilman.
Recently, Crow Creek Sioux Tribal Chairman Brandon Sazue Sr. joined USDA Rural Development Acting Housing Director Bruce Jones and Lori Moen, Chief Operating Officer for GROW South Dakota (GROW) in the signing of a Memorandum of Understanding that will streamline the process towards increased homeownership on the Crow Creek Indian Reservation. “What we do today can make a difference for tomorrow. By working together, we support the betterment of our Tribe as we know housing is much needed on our Reservation” said Chairman Sazue Sr. 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 »
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 »
For Martin Paredes and his family (pictured here), Castle Rock Apartments provide good quality rental housing for working families, while serving as a stepping stone to home ownership.
Boardman, Oregon, is a port town of just over 3,000 on the banks of the Columbia River surrounded by productive farm lands. These resources have helped the community generate above-average economic growth through its agricultural, food processing, manufacturing, and shipping sectors. As these industries have grown, however, a significant shortage of affordable workforce housing has made finding and keeping skilled employees difficult and hinders further economic development in this promising community.
In order to secure affordable housing, many who work in Boardman have had to endure long commutes from outlying towns or settle for homes that simply did not meet their families’ needs. Martin Paredes, Olgalibia Rosales Rivera, and their four children are one such family. Due to a lack of rental options in the community, the family was living in a two-bedroom apartment in a part of town that offered few family-friendly amenities and services. Read more »
After years of paying rent while wishing he could purchase his own home, 29-year-old Adam Brautigan was finally able to do so with the help of USDA Rural Development. Adam found out about Rural Development’s home loan program from his mother, Mary Kay, who works as a realtor in Pine City, Minnesota.
Adam works at a local retail store, and his wages restricted the amount of money available to put toward a house payment. Read more »