Cooperative Housing

15000 Grant for Owners or Developers In Small Towns To Fix Up Their Home

Called The Rural Housing Preservation Grants Program and referred to as Program #10.433 in the Catalog of Federal Domestic Assistance, this program helps very low- and low-income rural residents individual homeowners, rental property owners (single/multi-unit) or by providing the consumer cooperative housing projects (co-ops) the necessary assistance to repair or rehabilitate their dwellings. These objectives will be accomplished through the establishment of repair/rehabilitation, projects run by eligible applicants. This program is intended to make use of and leverage any other available housing programs which provide resources to very low and low-income rural residents to bring their dwellings up to development standards. Contact your local office of the U.S. Department of Agriculture Rural Housing Service.

Visit: offices.usda.gov/scripts/ndISAPI.dll/oip_public/USA_map

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5000000 For Investors To Develop Housing For Seniors Moderate Income Families And People With Disabilities

(14.135) Mortgage Insurance – Rental and Cooperative Housing for Moderate Income Families and Elderly, Market Interest Rate

Visit: www.hud.gov/offices/hsg/hsgmulti.cfm

Tagged Cooperative Housing, Elderly, Insurance, Investors, Market Interest Rate, Moderate Income Families, Mortgage Insurance, People With Disabilities, Rental Housing, Seniors

1000000 to Purchase or Fix Up Rental Housing in Small Towns

Called the Rural Rental Housing Loans Programs and referred to as Program #10.415 in the Catalog of Federal Domestic Assistance, it provides economically designed and constructed rental and cooperative housing and related facilities suited for rural residents. Loans can be used to construct, or to purchase and substantially rehabilitate rental or cooperative housing or to develop manufactured housing projects. Housing as a general rule will consist of multi-units with two or more family units and any appropriately related facilities. Funds may also be used to provide approved recreational and service facilities appropriate for use in connection with the housing and to buy and improve the land on which the buildings are to be located. Loans may not be made for nursing, special care, or institutional-type homes).Contact your local office of the U.S. Department of Agriculture Rural Housing Service

Visit: offices.usda.gov/scripts/ndISAPI.dll/oip_public/USA_map

Tagged Buildings, Care Homes, catalog of federal domestic assistance, Cooperative Housing, Department Of Agriculture, Federal Domestic Assistance, Housing Loans, Housing Programs, Housing Projects, Institutional Type, Local Office, Manufactured Housing, Nursing Care, Nursing Homes, Rental Housing, Rural Housing Service, U S Department