USDA Extends Foreclosure and Eviction Relief on Single Family Housing Direct and Guaranteed Loans

The U.S. Department of Agriculture (USDA) Rural Development is extending its foreclosure and eviction moratorium for all Single Family Housing direct and guaranteed home loan through December 31, 2020, to help rural homeowners affected by the COVID-19 pandemic.

The moratorium prohibits:

RD Helps Mother Buy Her First Home

One of the most rewarding feelings for us at USDA Rural Development is making the call to an applicant once they're approved for a loan under the 502 Direct Home Program. You can hear the excitement in their voice and you can feel the gratitude through the phone lines. This was no different with the Hill family.  Mary Hill and her children, Rhylee (seven) and Colin (3 weeks), were able to purchase their first home in April.