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Posts tagged: Multi Family Housing Direct Loan Program

From Community Eyesore to Community Asset

Ribbon-cutting at Kalamink Creek Apartments.  From left:  Melissa Horste, staffer for U.S. Sen. Carl Levin; Senior Vice President of the Great Lakes Capital Fund Tom Edmiston, resident Ryan Kainath; USDA Rural Development Mason Area Office Director Kevin Smith; Owner/Contractor Jeff Gates; co-owner Tom Lapka (USDA Photo)

Ribbon-cutting at Kalamink Creek Apartments. From left: Melissa Horste, staffer for U.S. Sen. Carl Levin; Senior Vice President of the Great Lakes Capital Fund Tom Edmiston, resident Ryan Kainath; USDA Rural Development Mason Area Office Director Kevin Smith; Owner/Contractor Jeff Gates; co-owner Tom Lapka (USDA Photo)

Recently, the community of Webberville, Michigan celebrated the ribbon-cutting for what had once been an eyesore on the outskirts of town.

Kalamink Creek Apartments in Webberville was built in 1987 through the USDA Rural Development Section 515 Multi-Family Housing program to provide safe, affordable housing for low-income rural residents.  One of the first things visitors see as they drive in from Lansing is the aging 24-unit facility. Read more »

A Celebration! Nebraska’s First USDA Direct Multi Family Housing Loan Paid in Full

Gibbon, Nebraska with a population under 2,000 is celebrating the final payment of the first direct loan in Nebraska for a multi-family housing project through USDA Rural Development (the former Farmers Home Administration).

Board members of Gibbon Centennial Manor and tenants of the 16 unit complex gathered on April 2nd for a plaque presentation by USDA Rural Development Nebraska State Director Maxine Moul, commemorating more than 40 years of providing rural rental housing to Gibbon. Read more »