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Section 533 Grants
Section 533 grants are a USDA rural housing rehabilitation program authorized under Section 533 of the Housing Act of 1949 (42 U.S.C. 1441 et seq.). The Rural Housing Service The Rural Housing Service (RHS) is an agency of the United States Department of Agriculture (USDA). Located within the Department's Rural Development mission area. RHS operates a broad range of programs to provide moderate- low- and very-low-incom ... (RHS) is authorized to make grants to capable organizations for: :(1) rehabilitating single-family housing in rural areas that is owned by low- and very low-income families; :(2) rehabilitating rural rental properties; and, :(3) rehabilitating rural cooperative housing structured to provide affordable housing to low- and very low-income occupants. The homes must be located in rural areas and be in need of housing preservation assistance. Assisted families must meet the income restrictions (income of 80% or less of the median income for the area) and must have ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Housing Act Of 1949
The American Housing Act of 1949 () was a landmark, sweeping expansion of the federal role in mortgage insurance and issuance and the construction of public housing. It was part of President Harry Truman's program of domestic legislation, the Fair Deal. Background During the Roosevelt administration the National Housing Act of 1934 which established the Federal Housing Administration (FHA) and the Housing Act of 1937 were signed into law, the latter of which directed the federal government to subsidize local public housing agencies. On April 12, 1945 the passing of President Franklin D. Roosevelt propelled Harry S. Truman Vice President into the seat of Presidency. Truman secured the Democratic nomination in 1948 presidential election, with a platform promising to provide for slum clearance and low-rent housing projects. Truman was elected to a full term in 1948 with the Democrats also reclaiming the House of Representatives and the Senate. In his 1949 State of the Union addres ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rural Housing Service
The Rural Housing Service (RHS) is an agency of the United States Department of Agriculture (USDA). Located within the Department's Rural Development mission area. RHS operates a broad range of programs to provide moderate- low- and very-low-income Americans in rural communities with: *homeownership options to individuals, including direct home loans and mortgage guarantees; * housing rehabilitation and preservation funding; *grants to non-profits who organize self-help housing services in rural communities; *rental assistance to tenants of RHS-funded multi-family housing complexes; * farm labor housing; *help to developers of multi-family housing projects, like assisted housing for the elderly and disabled, or apartment buildings; and *community facilities, such as libraries, child care centers, schools, municipal buildings, veterans shelters and firefighting equipment to Indian groups, nonprofit organizations, communities and local governments. RHS administers direct loans, l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
