HomeMy WebLinkAbout06-01-22 Correspondence - USDA - USDA Rural Development Celebrates National Homeownership Month in MontanaFrom:USDA Rural Development MontanaTo:AgendaSubject:USDA Rural Development Celebrates National Homeownership Month in MontanaDate:Wednesday, June 1, 2022 11:42:35 AM
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USDA Rural Development - Together, America Prospers
News Release
Rural Development
2229 Boot Hill Court
Bozeman, MT 59715
www.rd.usda.gov/mt
Contact:
Sue Kerver
(406) 312-0190 (Cell)
(406) 585-2587 (Office)
Suzanne.Kerver@usda.gov
USDA Rural Development Celebrates National
Homeownership Month in Montana
BOZEMAN, Mont., June 1, 2022 – United States Department of Agriculture (USDA) Rural
Development Montana State Director Kathleen Williams today kicked off National
Homeownership Month. As part of this nationwide celebration, USDA is highlighting
programs that help Montanans in rural, Tribal and underserved areas buy, build and repair
affordable homes and to pay their rent in the state's smaller towns and communities.
"Everyone deserves safe, reliable, accessible housing," stated Williams. "With housing
costs increasing across Montana, we are proud to help ensure housing can be a reality for
many who might otherwise be left behind."
Expanding opportunities for homeownership and rental assistance strengthens rural
communities and helps families and individuals build wealth and achieve financial stability.
This month, USDA Rural Development Montana is highlighting the nearly $137 million
investment in the state in 2021 to help nearly 670 families and individuals in Montana's
rural and Tribal communities buy, repair and build homes through USDA Rural
Development’s single family housing programs.
In addition, USDA works to increase access to affordable multifamily rental housing
opportunities in rural America. Nationwide, the Department is currently helping nearly
300,000 tenants afford to pay their rent through rental assistance. This assistance ensures
low-income and elderly tenants pay no more than 30% of their income in rent. For more
information, visit Multifamily Housing Programs | Rural Development (usda.gov).
USDA Rural Development is also highlighting ways it is working with lenders and
community partners to open the door to homeownership for rural Montanans who have
been unserved or underserved for far too long through our single-family housing
programs, which include: ·
The Single Family Housing Direct Home Loan Program provides loans directly to
families and individuals so they can buy or build homes in rural communities.
The Single Family Housing Guaranteed Loan Program enables USDA to partner
with private lending institutions, backing their loans to help families and individuals
buy homes in rural areas.
The Home Repair Loan and Grant Program provides loans and grants to help
families and individuals repair their homes to make them safer, healthier places to
live.
The Mutual Self-Help Housing Grant Program provides grants to qualified
organizations to help them carry out local self-help housing construction projects.
CLICK HERE to see an example of how our Single Family Housing Team is making an
impact in rural Montana.
For more information, visit the Single Family Housing program webpage or contact contact
Katina Uecker at (406) 210-9728 or Katina.Uecker@usda.gov.
USDA Rural Development is an investor, ally and advocate for rural America and provides
loans and grants to help expand economic opportunities and create jobs in rural areas.
This assistance supports infrastructure improvements; business development; housing;
community facilities such as schools, public safety and health care; and high-speed
internet access in rural areas. For more information, visit www.rd.usda.gov/mt.
If you’d like to subscribe to USDA Rural Development updates, visit our GovDelivery
subscriber page.
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Phone: (406) 585-2580
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