About
This program provides affordable financing to develop housing for year-round and migrant or seasonal domestic farm laborers.
Eligibility
This program assists qualified applicants that cannot obtain commercial credit on terms that will allow them to charge rents that are affordable to low-income tenants. Borrowers must have sufficient qualifications and experience to develop and operate the project. Qualified applicants include:
-
Farmers, associations of farmers and family farm corporations
-
Associations of farmworkers and nonprofit organizations*
-
Most State and local governmental entities*
-
Federally-recognized Tribes*
*Eligible to apply for grants and loans
Housing may be constructed in urban or rural areas, as long as there is a demonstrated need.
Terms
How may funds be used?
Construction, improvement, repair and purchase of housing for domestic farm laborers is the primary objective of this program.
Funding may also be available for related activities including:
-
Buying and improve land
-
Purchasing household furnishings
-
Paying construction loan interest
-
For a complete list, see 7 CFR 3560.53
Who may live in the rental housing?
-
Domestic farm laborers, including those working on fish and oyster farms and on-farm processing (1)
-
Retired and/or disabled farm laborers
-
Must be a U.S. citizen or permanent resident
-
Very-low- to moderate-income households (2)
What kinds of funding are available?
-
Low interest loans
-
Grants based on need and may not exceed 90% of project cost
What are the loan terms?
-
Up to 33 year payback period
-
1% fixed rate
-
An allocation of loan funds is also available for on-farm labor housing and is funded on a first-come, first-served basis
Resources
Similar Programs
Direct Farm Operating Loan
Farm Service Agency
- Loan
- General
- Equipment
- Animal Purchase
- Diversification
- Marketing
- Processing
- Feed
- Seed
- Fertilizer
- Cash Rent
- Housing
- Construction
- Facilities
- Repairs
- Pest Management
- Storage
- Legal & Finance
- Water Management
- Waterway Protection
- Water Quality
- Conservation
- Training
- Immigrants
- CSA
- Refinancing
- Reduced Tillage
- National
- Any
Down Payment Loan Program
Farm Service Agency
- Loan
- Socially Disadvantaged
- Women
- Beginning Farmers
- Land & Ownership
- National
- Any
Emergency Conservation Program (ECP)
Farm Service Agency
- Cost Share
- Grant
- Conservation
- Repairs
- Disaster Relief
- Emergency
- Water Management
- Drought
- Land Damage
- Fence or Structure Damage
- National
- Any
Emergency Farm Loans
Farm Service Agency
- Loan
- Disaster Relief
- Housing
- Construction
- Legal & Finance
- Repairs
- Drought
- Emergency
- Refinancing
- Tornado
- National
- Any
Details
Release Date
May 16, 2022
Deadline
July 15, 2022
Organization
Rural Development (RD)
Financial Instrument
Grant, Loan
Image Credit
Updated May 20, 2022
This information was gathered from public sources. Ambrook is not responsible for or able to affect the results of any financial programs listed, nor are they responsible for any incorrect information that is listed or is on the hyperlinked external sites. All information is subject to change.
Explore hundreds more programs on Ambrook.