Single Family Housing Guaranteed Loan Program
Recovery Goals
The objective of the Single Family Housing (SFH) Program is to provide 100% home ownership financing to credit- and income-eligible individuals for a residence located in a rural area. The Single Family Housing Program defines rural as an area with a population not more than 10,000 if the area is located outside a metropolitan area. The specific Recovery Act goals are to:
- Increase home ownership in rural areas
- Improve the quality of life for rural Americans
- Create and/or save jobs in rural areas.
Performance Measurements
| Outcome | Output/Measure | Result |
|---|---|---|
| Increase the number of homeowners | Number of loans obligated | 81,743 |
Funding
RD ARRA Program Funding*
| Total RD Program-Level ARRA Funding: | $21,482,204,278 |
| SFH Guaranteed Loan Program-Level ARRA Funding: | $10,093,671,103 |
SFH Guaranteed Loan ARRA Obligated Funds
| SFH Guaranteed Loan Program-Level ARRA Funding*: | $10,093,671,103 |
| Obligated: | $10,056,306,317 |
*Note: Funding has been calculated based on a budget authority using conversion rates for guaranteed loans.
SFH Guaranteed Loan ARRA Obligated Projects
| Number of SFH Guaranteed Loan ARRA Projects: | 81,743 |
| Number of States and Territories Awarded: | 53 |
| From: | To: | |
|---|---|---|
 |
$0 | $0 |
 |
$1 | $76,174,770 |
 |
$76,174,771 | $173,136,516 |
 |
$173,136,517 | $285,682,596 |
 |
$285,682,597 | $668,188,065 |
| State | Number of SFH ARRA Guaranteed Loans | Funding Obligated |
||
|---|---|---|---|---|
| Alabama | 2,170 | $252,912,554 | ||
| Alaska | 143 | $26,492,488 | ||
| American Samoa | 0 | $- | ||
| Arizona | 2,282 | $291,028,455 | ||
| Arkansas | 1,919 | $193,466,374 | ||
| California | 2,105 | $335,377,136 | ||
| Colorado | 793 | $131,077,422 | ||
| Connecticut | 260 | $48,075,671 | ||
| Delaware | 260 | $47,289,420 | ||
| Florida | 3,140 | $392,479,940 | ||
| Georgia | 2,852 | $342,973,950 | ||
| Guam | 25 | $4,352,742 | ||
| Hawaii | 189 | $52,268,963 | ||
| Idaho | 1,274 | $173,136,517 | ||
| Illinois | 3,670 | $331,945,134 | ||
| Indiana | 1,827 | $177,340,670 | ||
| Iowa | 843 | $76,174,771 | ||
| Kansas | 1,514 | $148,448,641 | ||
| Kentucky | 2,021 | $214,935,744 | ||
| Louisiana | 1,974 | $266,458,547 | ||
| Maine | 1,202 | $163,618,326 | ||
| Maryland | 892 | $171,783,810 | ||
| Massachusetts | 442 | $82,688,461 | ||
| Michigan | 4,908 | $479,532,627 | ||
| Minnesota | 2,543 | $297,465,442 | ||
| Mississippi | 1,104 | $124,426,764 | ||
| Missouri | 2,711 | $277,585,304 | ||
| Montana | 725 | $108,298,950 | ||
| State | Number of SFH ARRA Guaranteed Loans | Funding Obligated |
||
|---|---|---|---|---|
| Nebraska | 627 | $52,680,690 | ||
| Nevada | 275 | $43,132,455 | ||
| New Hampshire | 561 | $89,798,660 | ||
| New Jersey | 415 | $77,987,726 | ||
| New Mexico | 168 | $23,486,726 | ||
| New York | 1,171 | $124,860,504 | ||
| North Carolina | 5,010 | $668,188,065 | ||
| North Dakota | 278 | $28,343,068 | ||
| Northern Mariana Islands | 0 | $- | ||
| Ohio | 3,367 | $335,984,850 | ||
| Oklahoma | 2,027 | $210,037,726 | ||
| Oregon | 1,591 | $259,738,927 | ||
| Pennsylvania | 2,418 | $300,287,847 | ||
| Puerto Rico | 1,590 | $186,135,203 | ||
| Rhode Island | 68 | $13,512,035 | ||
| South Carolina | 2,032 | $253,679,322 | ||
| South Dakota | 857 | $96,087,834 | ||
| Tennessee | 2,733 | $303,270,632 | ||
| Texas | 3,735 | $444,443,779 | ||
| Utah | 1,402 | $230,543,739 | ||
| Vermont | 225 | $33,816,263 | ||
| Virgin Islands | 4 | $632,000 | ||
| Virginia | 2,188 | $314,723,832 | ||
| Washington | 1,525 | $285,682,597 | ||
| West Virginia | 1,044 | $124,708,215 | ||
| Wisconsin | 2,124 | $251,377,875 | ||
| Wyoming | 520 | $91,530,921 | ||