USDA’s rural broadband plan met with criticism, concerns – The program, which had a $600 million budget in 2018, was promised another $425 million in the 2019 Agriculture, Rural Development, Food and Drug Administration. 2018 recently provided $600 million.
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Single Family Housing Guaranteed Loan Program. – Interested applicants are encouraged to contact their local mortgage lenders to inquire about applying for the guaranteed loan. USDA does not endorse any specific private sector lenders. This list of Nationally Approved Lenders is not inclusive of all participating lenders.. Income limits (pdf) are dependent upon location of the home, and the number of persons residing in the home.
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Eligibility for USDA Home Loans. The USDA home loan is available to borrowers who meet income and credit standards. Qualification is easier than for many other loan types, since the loan doesn’t require a down payment or a high credit score.