Update: Help USDA Use Section 504 funds – Housing Assistance Council

With only 7 weeks remaining in Fiscal Year 2013, USDA still has a substantial amount of funding available for Section 504  home repair loans. Loan funds not obligated by September 30, 2013 will be lost. See the link above to find out what you can do.

 

USDA has issued a NOFA for the Rural Community Development Initiative, due November 12, 2013. see the Federal register notice for more information

USDA has issued a NOFA for the Section 514 Farm Labor Housing loans and Section 516 Farm Labor Housing grants programs. The deadline for applications is September 13th. See The Federal register notice for more information

Banks will now get CRA credit for issuing loans in flood recovery areas, according to the Albany Times Union.

Floating loans for flood recovery – Times Union.

THUD bill pulled from House floor – David Rogers – POLITICO.com.

The impact?  More news as it unfolds…

Housing Professionals:  a different approach to affordable housing.

 

Attorney General Schneiderman hopes seized big bank money can help turn around vacant homes | syracuse.com.

The money comes from New York’s share of the $25 billion National Mortgage Settlement – a settlement with five big banks that contributed to the collapse of the housing market. Already, he said, the state has given about $2 billion in the form of principal reductions, refinancing and direct payments to homeowners and former homeowners.

USDA Seeks Applications for Grants to Improve the Quality of Rural Housing | USDA Newsroom.

Housing Preservation Grant Program funds available for rehabilitation

Farm Bill Fails As 62 Republicans Vote No 

Rs don’t think SNAP cuts went far enough

Rural Gateway Conference Call: Rural Housing Stability Assistance Program (RHSP) in Rural America: Proposed Rule – OneCPD.

The Office of Rural Housing and Economic Development (ORHED) invites you to take part in the next Peer-to-Peer conference call. Scheduled for June 13, 2013, this call will offer participants the opportunity to learn about HUD’s Office of Special Needs Assistance Programs (SNAPS) proposed rule for the Rural Housing Stability Assistance Program (RHSP), administered by HUD’s Office of Special Needs Assistance Programs (SNAPS), including the process and deadline for submitting comments.

Monday Roundup: Vilsack at Rural Assembly.

Comments on 30-40 year olds seeking to live in rural areas for the quality of life and may reverse the current “brain drain”, so planners warned to stop trying to attract industry to create jobs and  maintain the lower housing costs, slower pace of life.