Rural Development Highlights Programs to Help People Buy, Build, Repair and Rent Homes in Rural, Tribal and Underserved Communities
Columbia, June 1, 2023 – Today, U.S. Department of Agriculture (USDA) Rural Development South Carolina State Director Dr. Saundra Glover kicked off National Homeownership Month. As part of this statewide celebration, USDA is highlighting programs that help people in rural and Tribal areas buy, build and repair affordable homes and to pay their rent in South Carolina’s smallest towns and communities.
“Our South Carolina housing team works hard daily and is proud to assist the people who live in rural communities find a place to call home,” said USDA Rural Development South Carolina State Director Dr. Saundra Glover. “Our housing program helps create generational wealth for our rural citizens who may otherwise not have been able to buy a home. Homeownership allows rural residents to not only survive, but to thrive; and when rural America thrives, all of America thrives.”
Expanding opportunities for homeownership and rental assistance strengthens rural communities and helps families and individuals build wealth and achieve financial stability. This month, the Department is highlighting the ways the Biden-Harris Administration has invested $37 billion to help nearly 216,000 families and individuals in rural and Tribal communities buy, repair, and build homes through USDA Rural Development’s Single-Family Housing programs.
Over the past year, USDA has added to the resources available to help people access safe, affordable housing in rural areas. The Department recently launched initiatives to increase homeownership on Native lands and help people rebuild after disasters. USDA also has helped thousands of families keep their homes by reducing or pausing their monthly mortgage payments during financial uncertainty caused by the pandemic.
USDA is also highlighting ways it is working with lenders and community partners to open the door to homeownership for rural Americans who have been unserved or underserved for far too long. USDA is hosting events across the state to showcase affordable housing programs for lenders, community partners, families, and individuals. USDA’s Single-Family Housing programs are:
• The Single Family Housing Direct Home Loan Program provides loans directly to families and individuals so they can buy or build homes in rural America.
• The Single Family Housing Guaranteed Loan Program enables USDA to partner with private lending institutions, backing their loans to help families and individuals buy homes in rural areas.
• The Home Repair Loan and Grant Program provides loans and grants to help families and individuals repair their homes to make them safer, healthier places to live.
• The Mutual Self-Help Housing Grant Program provides grants to qualified organizations to help them carry out local self-help housing construction projects.
Under the Biden-Harris Administration, Rural Development provides loans and grants to help expand economic opportunities, create jobs, and improve the quality of life for millions of Americans in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety, and health care; and high-speed internet access in rural, Tribal, and high-poverty areas. For more information, visit www.rd.usda.gov. If you’d like to subscribe to USDA Rural Development updates, visit our GovDelivery subscriber page.
USDA touches the lives of all Americans each day in so many positive ways. In the Biden-Harris Administration, USDA is transforming rural America and is committing to equity across the Department by removing systemic barriers and building a workforce more representative of America. To learn more, visit www.usda.gov.
USDA is an equal opportunity provider, employer, and lender.