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USDA Rural Development – Section 502 Direct Loan Program Fiscal Year 2026 Factsheet: Record Processing Speed, Improved Credit Quality, and Full Multi-Year Deployment

(Washington, D.C., October 6, 2026) — The U.S. Department of Agriculture Rural Development has released its fiscal year (FY) 2026 fact sheet for the Single Family Housing Direct Home Loans program, also known as the Section 502 Direct Loan Program. In FY 2026, the program provided $571 million in affordable home loans, helping more than 2,100 very low- and low-income rural residents become homeowners.

USDA Invests $25 Billion to Strengthen Rural Communities

(Washington, D.C., October 6, 2026) — U.S. Department of Agriculture Under Secretary for Rural Development Glen R. Smith announced today that Rural Development invested nearly $25 billion in loans and grants in fiscal year 2026. These investments are helping rural communities grow and maintain critical services that families, farmers, and businesses rely on every day.

PUBLIC NOTICE Area Rural in Character Provision

Submitted by DANIELLE A. ODONNELL on

Statutory SEC. 343 [7 U.S.C. 1991] (a)(13)(D) authorizes the Rural Development Under
Secretary to, on the petition of a unit of local government, determine that a part of an area be
considered rural in character (RIC) and therefore meet Rural Development’s population
eligibility requirements. This notice must take place no later than 30 days after receipt of the 
petition or the commencement of the initiative, as appropriate. 

PUBLIC NOTICE Area Rural in Character Provision

Submitted by DANIELLE A. ODONNELL on

Statutory SEC. 343 [7 U.S.C. 1991] (a)(13)(D) authorizes the Rural Development Under
Secretary to, on the petition of a unit of local government, determine that a part of an area be
considered rural in character (RIC) and therefore meet Rural Development’s population
eligibility requirements. This notice must take place no later than 30 days after receipt of the 
petition or the commencement of the initiative, as appropriate. 

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