|
Rural
Development works with private lenders to guarantee loans to
borrowers for the construction of multi-family
housing units, community facilities, and individual homes.
Opportunities to finance utilities, business, industry, and
employment in rural communities is also available.
The reasons investors might
choose to work with Rural Development are many. Loan guarantees
issued by Rural Development are backed by the full faith and credit
of the U.S. Treasury and, as such, many lenders consider these
programs to be a relatively risk-free
way to expand their portfolios. Loans made possible by partnerships
between Rural Development and private lenders also improve the
economic health of rural communities which in turn provides more
opportunities for lending institutions to invest in those
communities
Programs of special interest to lenders include:
Business-Cooperative
Programs
Community Programs
Housing Programs
|
