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Rural Rental Housing Program Approved for Local Communities

By John Nixon

05/24/2012

The United States Department of Agriculture (USDA) Rural Development has announced its 2012 designated place list for the Rural Rental Housing (RRH) loan program. The program helps build and maintain affordable multi-family housing rental developments in rural areas. Potential applicants include individuals, corporations, associations, partnerships, limited partnerships, state or local public agencies, nonprofit organizations, and Native American tribes.
Only rural rental housing proposals located in the state’s designated places will be accepted for review. Designated places were selected based upon certain demographic data that indicated a possible need for additional affordable rental units. Fiscal Year 2012 Nebraska designated places include: Beatrice, Fairbury, Falls City, Humboldt, Pawnee City, Plattsmouth, and Wymore.
Contact the Nebraska USDA Rural Development State Office for loan proposal information at (402) 437-5734.

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