USDA Celebrates National Homeownership Month

Name
Jessica Mancel
Phone
City
Indianapolis
Release Date
Jun 07, 2021

Indianapolis, Ind. – June 7, 2021U.S. Department of Agriculture (USDA) Indiana Rural Development Acting State Director Curtis Johnson kicked off National Homeownership Month, as part of a nationwide celebration to highlight USDA’s efforts to provide access to affordable housing for rural Americans.

“Rural Development is committed to investing in the dream of homeownership for our rural Indiana families,” said Johnson. “USDA is here to be your partner in providing well built, affordable housing which is essential to the vitality of our rural communities.”

Since 1949, USDA has helped 4.7 million families and individuals across the nation buy homes in rural areas. Last year, Indiana USDA Rural Development supported rural homeownership through the following programs and investments:

  • 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. USDA invested almost $39 million in this program to help over 200 families and individuals purchase a home.
  • Through its Single Family Housing Guaranteed Loan Program, USDA has partnered with numerous private lending institutions, backing nearly $808 million in loans to help over 6,000 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 and modernize homes, making them safer, healthier places to live. USDA invested $1.2 million to help over 200 families improve the quality of their homes 
  • The Mutual Self-Help Housing Grant Program provides grants to qualified organizations to help them carry out local self-help housing construction projects. Through this program, USDA has worked with Warrick County Habitat for Humanity to provide a unique opportunity for seven families and individuals to lower the overall purchase price of a new home by investing “sweat equity” into its construction.   

To learn more about USDA homeownership programs, please visit the Single Family Housing program webpage or call our office at 317-295-5799.

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/in. If you’d like to subscribe to USDA Rural Development updates, visit our GovDelivery subscriber page

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USDA is an equal opportunity provider, employer, and lender.