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USDA Celebrates National Homeownership Month in Utah

Name
Djinni Yancey
Phone
City
Salt Lake City
Release Date
Jun 03, 2022

Highlighting Programs to Help People Buy, Build, Repair and Rent Homes in Rural, Tribal and Underserved Communities

SALT LAKE CITY, Utah,. June 3, 2022 – Today, U.S. Department of Agriculture (USDA) Rural Development Utah State director, Michele Weaver announced National Homeownership Month. As part of this nationwide celebration, USDA is highlighting programs that help people in rural, Tribal and underserved areas pay their rent, buy, build and repair affordable homes.

“Many people have strong connections to rural Utah and call it home.” Weaver said. “Expanding homeownership opportunities strengthens communities and offers stability. Well-built, healthy, safe, affordable housing is vital for success in America’s smallest towns and communities. When rural Utah thrives, the entire state 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 $26 billion to help nearly 150,000 families and individuals in rural and Tribal communities buy, repair and build homes through USDA Rural Development’s single family housing programs. More than 35,000 families and individuals living in socially vulnerable communities have achieved homeownership.

In addition, USDA works to increase access to affordable multifamily rental housing opportunities in rural America. The Department is currently helping nearly 300,000 tenants afford to pay their rent through rental assistance. This assistance ensures low-income and elderly tenants pay no more than 30% of their income in rent. For more information, visit Multifamily Housing Programs | Rural Development (usda.gov).

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 nation to showcase affordable housing programs for lenders, community partners, families and individuals. USDA’s single family housing programs are:

Visit the Single Family Housing program webpage or contact a Rural Development State Office to learn more about USDA homeownership programs near you.

USDA touches the lives of all Americans each day in so many positive ways. In the Biden-Harris Administration, USDA is transforming America’s food system with a greater focus on more resilient local and regional food production, fairer markets for all producers, ensuring access to safe, healthy and nutritious food in all communities, building new markets and streams of income for farmers and producers using climate smart food and forestry practices, making historic investments in infrastructure and clean energy capabilities in rural America, and 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.

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