Very Low to Moderate Income Housing Loans and Loan Guarantees


To assist very low, low-income, and moderate-income households to obtain modest, decent, safe, and sanitary housing for use as a permanent residence in rural areas.

General information about this opportunity
Last Known Status
Program Number
Federal Agency/Office
Rural Housing Service, Department of Agriculture
Type(s) of Assistance Offered
E - Direct Loans; F - Guaranteed/Insured Loans
Program Accomplishments
Not applicable.
Housing Act of 1949
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
Applicants must have very low-, low- or moderate incomes. Families must be able to afford housing payments, including principal, interest, taxes, and insurance and have an acceptable credit history. Please visit Agency eligibility website at:
Beneficiary Eligibility
Applicants must meet eligibility requirements.
Applicants, or lenders in the Guaranteed program, will need to submit evidence of income, debts, and other information on the application and property (e.g. plans, specifications, and cost estimates).
What is the process for applying and being award this assistance?
Pre-Application Procedure
Preapplication coordination is not applicable.
Application Procedure
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. For direct loans, application is made at the Rural Development field office serving the county where the dwelling is or will be located. For guaranteed loans, application is made to a participating private lender found online here-
Award Procedure
Rural Development field offices have authority to approve direct loan requests. Please visit the website for direct loan State Contact at- for a State Office listing. An approved guaranteed lenders can be found at -
Not applicable.
Approval/Disapproval Decision Time
For direct loans, processing times vary by State. For guarantees, a decision is required within 3 days of loan package submission by the approved lender.
Agency regulations providing customers with the rights for an informal review, mediation or alternative dispute resolution (ADR), or appeal to the National Appeals Division (NAD). NAD regulations are found at 7 CFR Part 11. Requests for an informal review, mediation and ADR must be received within 30 days from the date of the adverse decision. Requests for an appeal to NAD must be received within 30 days of receipt of the adverse decision. Please visit:
Applicants may reapply at any time.
How are proposals selected?
Not applicable.
How may assistance be used?
Direct and Guaranteed loans may be used to buy, build, or improve the applicant's permanent residence. New manufactured homes may be financed when they are on a permanent site and meet certain other requirements. Under very limited circumstances, homes may be re-financed . Dwellings financed must be modest, decent, safe, and sanitary. The value of a home financed with a direct loan may not exceed the area loan limit. The property must be located in an eligible rural area. Assistance is available in the States, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, the Commonwealth of Northern Mariana's, and the Trust Territories of the Pacific Islands.
What are the requirements after being awarded this opportunity?
Not applicable.
Not applicable.
Not applicable.
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.

Matching is voluntary. This program has no matching requirements. A basic formula is used to allocate program funds to various States.

MOE requirements are not applicable to this assistance listing.
Length and Time Phasing of Assistance
For both the Guaranteed and Direct programs, assistance is available throughout the year. For the Direct program, funds may be disbursed at loan closing or deposited in a supervised bank account for purchase of a building site, and purchase or repair of a dwelling, or in multiple advances for construction. For both the Guaranteed and Direct programs, assistance is available throughout the year.
Who do I contact about this opportunity?
Regional or Local Office
Visit the website
Headquarters Office
Andria Hively
1400 Independence Avenue, SW
Washington, DC 20250 US
Phone: (360) 999-0252
Website Address
Financial Information
Account Identification
(Guaranteed/Insured Loans) FY 22$30,000,000,000.00; FY 23 est $30,000,000,000.00; FY 24 est $30,000,000,000.00; FY 21$24,000,000.00; FY 20$23,074,582.00; FY 19$14,866,095,476.00; FY 18$16,826,420,078.00; FY 17$19,279,916,900.00; FY 16$16,357,336,854.00; FY 15$18,623,238,191.00; - Fiscal Year 2024 figures are based on the President's proposed budget.(Direct Loans) FY 22$1,250,000,000.00; FY 23 est $1,250,000,000.00; FY 24 est $1,500,000,000.00; FY 21$1,000,000.00; FY 20$1,001,415.00; FY 19$1,001,607,720.00; FY 18$1,100,796,383.00; FY 17$999,991,163.00; FY 16$958,259,532.00; FY 15$899,339,107.00; - Fiscal Year 2024 figures are based on the President's proposed budget.
Range and Average of Financial Assistance
FY 22 Average: 502 Direct Loans ($214,175) Guaranteed Loans ($178,266) FY 23 Average: 502 Direct Loans ($249,216) Guaranteed Loans ($180,032)
Regulations, Guidelines and Literature
7 CFR Part 3550 "Direct Single Family Housing Loans and Grants." For guaranteed loans, 7 CFR Part 3555 "Guaranteed Rural Housing Program".
Examples of Funded Projects
Not applicable.


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