MANY people are unaware of government funded programs that are available to those of us who qualify.
Washington, August 5, 2009 - Agriculture Deputy Secretary Kathleen Merrigan today announced that 50,000 rural families have attained the dream of becoming homeowners with the help of funding provided by the American Recovery and Reinvestment Act. These funds have been made available through a variety of programs administered by USDA Rural Development as part of President Obama's aggressive efforts to strengthen rural communities
In communities across the nation, the American Recovery and Reinvestment Act funding is having positive effects for individuals, families, communities and local economies. USDA Rural Development offers guaranteed and direct single-family home loans to eligible rural residents who are unable to secure a conventional loan. Down payments are not required, and payments are based on the borrower's income
More information about USDA's Recovery Act efforts is available at www.usda.gov/recovery. More information about the Federal government's efforts on the Recovery Act is available at http://www.recovery.gov/. http://www.rurdev.usda.gov/.
There are some amazing stories of families who have been helped by these programs on the websites. It would be worth any ones time to investigate these opportunities, it could end up being another a success story!
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