Report: Preserving Rural Affordable Housing

Significant numbers of Section 515 properties will no longer be affordable as the loans mature in the next few decades, according to a new report on the rural affordable housing crisis released by the Housing Assistance Council. Over 13,000 rental properties and 415,000 affordable units throughout rural America are financed by the U.S. Department of Agriculture (USDA) through its Rural Rental Housing Loans program, Section 515.

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