A USDA Section 502 Home Loan Guarantee helped the Goetz family secure a bank loan on their rural Kansas home.
In rural areas, financing a home can be difficult. There often aren’t as many lenders serving rural locations as there are in more densely populated parts of the country. Also, some rural lenders may require a larger down payment or a higher interest rate to secure a loan. Fortunately, USDA Rural Development partners with more than 3,000 housing lenders to make sure low- and moderate-income rural families have a chance to enter the housing market.
Through the Section 502 Guaranteed Housing Loan Program, USDA Rural Development backs loans made by approved lenders for the purchase, refinance, renovation, or repair of an owner-occupied residence. The USDA guarantee allows lenders to provide 100-percent financing on a safe, low-interest, 30-year mortgage. Read more »
Tune in for a White House Rural Council Conversation on Local Food on Monday, June 9 at 12:45pm ET.
How is investing in regional food economies an investment in rural America? How can rural America benefit from the growing demand for local food? How are local food systems supporting the economy in your town?
On Monday, June 9 at 12:45 ET, the White House Rural Council will host Regional Food Economies: Building Market Opportunities for Rural America, a conversation between USDA Secretary Tom Vilsack, US Department of Transportation Secretary Anthony Foxx, Dan Carmody of Detroit’s Eastern Market Corporation, and Melissa Rivers of the East Arkansas Planning and Development District moderated by Doug McKalip of the White House Domestic Policy Council. Read more »
Logs from the U.S. being shipped overseas are unloaded near the Port of New Orleans in New Orleans, LA on Wednesday, Nov. 20, 2013. USDA photo by Anson Eaglin.
2013 was a record year for America agricultural exports, with $141 billion in sales and an additional $180 billion in related business activity. We expect even greater things in 2014, when international sales of U.S. farm and food products are expected to reach $149.5 billion. Taken as a whole, these numbers are impressive – but they impress me even more when I think about all the American companies who made this happen.
Many of these companies are based in rural communities, and they employ more than a million U.S. workers to produce products that are valued throughout the world. It’s amazing to think about those individuals, from small towns across America, who produce everything from cheese to pet food to distillers dried grains. It makes me proud of the work USDA is doing to connect these rural producers to international markets. Read more »
Clint Koble, Nevada Farm Service Agency State Executive Dir., addresses the public in a Farm Bill Road Show meeting in Gardnerville, Nev. NRCS photo.
Not long after the 2014 Farm Bill was enacted, staff members from USDA’s Natural Resources Conservation Service (NRCS) hit the road, visiting with farmers and ranchers across Nevada to share information on changes to conservation programs and to highlight other opportunities through USDA.
USDA’s Farm Service Agency (FSA) and a number of other partners joined NRCS for the Farm Bill Road Show, which consisted of information sessions held at various sites across the state, meeting with hundreds of farmers and ranchers and several tribes. One of those stops along the way was with the Ft. McDermitt Paiute-Shoshone Tribe.
The Farm Bill consolidated several programs and gave life to a few others. Additionally, these sessions gave NRCS conservationists a chance to talk about other opportunities, including StrikeForce for Rural Growth and Opportunity. Read more »
America’s rural electric cooperatives provide electricity to more than 42 million people living and working in rural communities across the country. Co-ops, with support from USDA, have embraced renewable energy production. Today, they deepened that commitment by announcing new solar projects that will generate more than 150 megawatts of new solar capacity by 2020.
At an event in California, President Obama was joined by two West Coast industry leaders—Plumas-Sierra Rural Electric Cooperative (PSREC) based in Portola, California, and Okanogan County Electric Cooperative (OCEC), based in the state of Washington—to highlight industry efforts to expand renewable energy production.
USDA has been an advocate and partner in co-ops’ efforts to diversify their portfolios and expand their renewable fuel sources. Since 2009, USDA has funded over $1 billion in renewable energy projects that will generate more than 447 MW – enough energy to power 160,603 American homes annually. Read more »
A tractor tills the soil among wind turbines in Oklahoma on August 13, 2009. USDA photo by Alice Welch.
In rural communities across the country, USDA Rural Development is bringing new energy efficiency and cost saving opportunities to Indian Country.
Choggiung Limited, a Native American Corporation in southwest Alaska, received a $20,000 energy assistance grant from USDA Rural Development to install a wind turbine at the courthouse in Dillingham – a Native-owned building and leased to the state – that has reduced its energy costs by 80 percent and is saving Choggiung about $20,000 a year. Choggiung is a for-profit Native corporation serving Tribal residents in Dillingham, Ekuk, and Portage Creek, Alaska. “This wind turbine marks a new approach to sustainable business management and renewable energy in Dillingham,” Choggiung CEO Doug Calaway said.
In the southwest, USDA awarded the Arizona-based Navajo Tribal Utility Authority a $100,000 grant to conduct energy audits that helped farmers, ranchers, and small business owners across the Navajo Nation make their operations more energy efficient and economical. Read more »