Acting State Director for Montana Rural Development Janelle Gustafson today kicked off National Homeownership Month to celebrate the vital contribution homeowners have made to communities across rural America.
"Home ownership makes a strong foundation for the long-term viability of our rural Montana towns," said Gustafson. "Beyond the positive economic impact, the security and satisfaction of a safe place for one's family does a great deal to improve the overall health of our communities."
USDA provides mortgage loan guarantees through partnerships with private-sector lenders to help low- to moderate-income rural homebuyers. In 2016 alone, Montana Rural Development worked with over 40 different lenders to help 941 rural individuals and families buy homes.
Nationwide, USDA has helped more than 4.1 million rural residents buy homes since the National Housing Act was passed 68 years ago.
Department of Agriculture employees will celebrate National Homeownership Month throughout June with events across the nation that demonstrate the Department’s longstanding commitment to provide affordable housing opportunities for rural Americans. To learn more about USDA’s observance of National Homeownership Month, please visit our Facebook page, follow @USDARD on Twitter, or contact the Montana USDA Rural Development State Office at (406) 585-2582.
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; homeownership; community services such as schools, public safety and healthcare; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.
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