North Vernon, IN, Jun 27, 2013 -- As quoted by Secretary of Agriculture Tom Vilsack “Homeownership should be an achievable dream and in many cases, USDA housing programs provide the only way for rural residents to buy a home.”
USDA has helped rural residents purchase homes since 1949. Since the start of the Obama Administration, USDA Direct and Guaranteed home loan programs have helped more than 650,000 rural residents buy homes.
Along with the purchasing of homes, Rural Development offers a repair loan at a 1% interest rate for very low income families to help make needed improvements to currently owned homes, and if you are age 62 or greater you may qualify for a grant of up to $7,500.
Virginia Hubbard of Jefferson County was one such grant recipient. Virginia has lived in Jefferson County since 1948. She lives on a very low fixed income and needed assistance with repairing her bathroom and also in making it handicap accessible. Ms. Hubbard qualified for the grant and is very excited to have her bathroom repaired.
For those interested in applying for a Rural Development home loan, repair loan, or grant, contact Cindy Baker of the North Vernon Area Office at 812-346-3411 X-137.
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.
USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).