Rural Housing: USDA Section 515

MAKING AN IMPACT IN RURAL COMMUNITIES

Affordable housing, along with economic opportunity, is key to the future of rural communities. We help finance USDA Section 515 rental properties in rural areas — for very low to moderate-income families, the elderly, and people with disabilities.

Many of these properties need recapitalization and preservation — with new first mortgage debt in front of USDA 515 loans.

Freddie Mac’s Tax-Exempt Loan (TEL),Cash Loan for Affordable Housing Preservation and Preservation Rehabilitation Financing can help preserve this vital, at-risk housing stock — home to 400,000 renters.