As the distinctions between rural and urban life have blurred, esp. with the develop. of suburbs, some have questioned the need for the separate rural housing (RH) programs that were first created in the mid-1930s to stimulate the rural economy and assist needy rural families. This report describes: the condition of today's RH and rural households' access to affordable housing credit; the RH prog. offered by the USDA RH Service (RHS), and the ways in which RHS' programs have adapted to changes in the level of Fed. housing assist.; any overlap between RHS' prog. and the prog. of HUD and other Fed., state, and private org.; and options for maximizing the efficiency and effectiveness of the Fed. role in RH. Illustrated.RHS offers direct grant and loan programs for home repair, basing eligibility on income level and need. ... but that loan funds are usually available because often families cannot afford to repay loans, even at interest rates as low as 1 percent.
|Author||:||Stanley J. Czerwinski|
|Publisher||:||DIANE Publishing - 2001-12-01|