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Housing
Housing
Direct Farm Labor Housing Loan and Grant Program
Provides financing to develop rental housing and related facilities for
domestic farm laborers.
Eligibility:
- Farm owners, family farm partnerships or corporations, association of
farmers, broad based nonprofit organizations and agencies or political
subdivision of state or local government.
Terms and Conditions:
- Loans carry a 33 year term.
- The interest rate can be one percent or full market rate depending on
whether the applicant can obtain credit elsewhere.
- Grants are available only to nonprofits or political subdivisions.
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