Bob Anderson, Director
Single Family Housing Program
|
Single-Family Housing Program
2007 Highlights
|
SFH
Direct Loans $38.7 million
SFH
Guaranteed $55.2 million
Self-Help
Grants $9.6 million
Repair
Grants (504)
$665,000
Repair Loans
(504)
$160,000
Tech
Asst. Grants $100,000
Program Information:
 Direct
Loan Program:
SFH
Repair Program
Regulations
Guaranteed
Loan Program
Contacts
Links
 Foreclosures/REO
|
No where is the American dream of home ownership
more desired than in California. There is no more committed group, helping Californians realize this
dream than the USDA Rural Development Single-Family Housing Team.
Our Single-Family Housing Program helps finance new
or improved housing for moderate-, low- and very-low-income families each
year. In 2007, we invested over $104 million in loan and grant programs to
encourage affordable housing in California.
Major initiatives within this department include
Home Ownership Loans, which help low-income households purchase, construct,
repair or relocate homes; Home Improvement and Repair Loans and Grants,
which enable very-low income rural homeowners to remove health and safety
hazards from their homes and make homes accessible for people with
disabilities; and Self-Help Housing Loans, which enable groups of 8-12
low-income families to build their own homes by providing materials and the
skilled labor they cannot furnish themselves.
California’s
robust housing market has created significant challenge for affordable
housing in California. Strong demand for housing
combined with higher construction costs and lagging incomes, makes
homeownership difficult, especially for first-time homebuyers. USDA Rural
Development, with its theme, "Committed to the future of rural
communities," is committed to forming new partnerships with local
business groups and lenders to strengthen the economic fabric of rural
counties. We will remain steadfast in our mission to encourage development
of low-income housing.
Bob Anderson
Director, Single Family Housing Program
|
