Mount Pleasant, Iowa, Jun 19, 2013 -- Tammye Trevino, USDA Rural Development Administrator for Housing and Community Facilities Programs, today began a three-day tour throughout Illinois, Iowa and Missouri to highlight National Homeownership Month, a time when USDA, its federal partners and members of housing communities all across the country bring attention to the role housing plays in the economy.
“Homeownership should be an achievable dream and in many cases, USDA housing programs provide the only way for rural residents to buy a home,” said Agriculture Secretary Tom Vilsack when kicking off the USDA’s month-long national homeownership month celebration. “Working with our partners in the lending community and with state and local housing authorities, we are continuing to make safe, affordable housing available to credit-worthy applicants across the nation.”
Scheduled events during Administrator Trevino’s tour in Illinois, Iowa and Missouri include:
Wednesday, June 19
• Lender recognition event at Pilot Grove Savings Bank in Mount Pleasant, Iowa
o Pilot Grove Savings Bank became an USDA-approved lender in 2001 and since that time has used USDA’s guaranteed home loan program 70 times for loans totaling $4.4 million.
• Speaking at the Tri-State Development Summit meeting in Keokuk, Iowa
Thursday, June 20
• Housing events in Illinois
o Events include a visit to the home of Kaitlin Taylor, a Single Family Housing Direct borrower in Bowen, Illinois and a tour of the Hickory Grove Apartments in Carthage, Illinois.
• Speaking at the Tri-State Development Summit meeting in Quincy, Illinois
Friday, June 21
• Speaking at the Tri-State Development Summit meeting in Canton, Missouri
• Borrowers and lender recognition event in City of Bowling Green, Missouri
o Borrowers are Justin and Michelle Worthington, who refinanced their mortgage through the GRH Refinance Pilot program, and Stefanie Koester, who purchased her home through the GRH program. The lender, Equitable Mortgage Corporation, will be represented by Christine Rutherford.
“At USDA, we are committed to creating the opportunity for Americans to live in rural areas and enjoy quality services,” Trevino said. “And we are investing in the linchpin of what makes a strong community: safe, affordable housing where families can raise the next generation of rural Americans.”
Since the start of the Obama Administration, USDA housing programs provided more than 650,000 rural families with a place to live. In 2012 alone, USDA Direct and Guaranteed Loan programs enabled nearly 153,000 rural residents to buy homes.
This year’s National Homeownership Month theme, “USDA: Bringing Rural America Home,” underscores housing’s importance to millions of rural residents.
For information about Homeownership Month activities near you, or for information about Rural Development programs, contact your nearest Rural Development office. A list of these offices is available at http://www.rurdev.usda.gov/StateOfficeAddresses.html.
President Obama’s plan for rural America has brought about historic investment and resulted in stronger rural communities. Under the President’s leadership, these investments in housing, community facilities, businesses and infrastructure have empowered rural America to continue leading the way – strengthening America’s economy, small towns and rural communities. USDA’s investments in rural communities support the rural way of life that stands as the backbone of our American values. President Obama and Agriculture Secretary Vilsack are committed to a smarter use of Federal resources to foster sustainable economic prosperity and ensure the government is a strong partner for businesses, entrepreneurs and working families in rural communities.
USDA, through its Rural Development mission area, has a portfolio of programs designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
USDA has made a concerted effort to deliver results for the American people, even as USDA implements sequestration – the across-the-board budget reductions mandated under terms of the Budget Control Act. USDA has already undertaken historic efforts since 2009 to save more than $828 million in taxpayer funds through targeted, common-sense budget reductions. These reductions have put USDA in a better position to carry out its mission, while implementing sequester budget reductions in a fair manner that causes as little disruption as possible.
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