USDA Celebrates National Homeownership Month
Acting Assistant to the Secretary for Rural Development Joel Baxley June 3 kicked off National Homeownership Month by highlighting USDA’s ongoing role to help residents of America’s small towns and cities purchase homes in rural areas.
“Homeownership provides a strong foundation for hard-working people to build household wealth and climb the ladder of prosperity,” Baxley said. “By helping rural Americans achieve the dream of homeownership, USDA is supporting benefits that extend far beyond the home, resulting in stronger, more prosperous rural communities.”
USDA Single Family Housing programs have served more than 4.4 million families in rural America since President Truman signed the Housing Act in 1949. Throughout June, USDA employees will celebrate National Homeownership Month with events across the Nation that demonstrate USDA’s commitment to provide access to affordable housing for rural Americans.
Rural Development has several programs that support rural homeownership, including:
USDA partnerships with private-sector lenders to help rural families buy homes. Providing loan guarantees for lenders working with low- to moderate-income families is the key to opening up private-sector homeownership opportunities.
Direct home loans for very-low- and low-income applicants. Some borrowers qualify for program benefits that effectively reduce the interest rate on their monthly mortgage payments to one percent.
Repair loans and grants that help people improve access to their homes and remove health and safety hazards such as poor wiring or plumbing.
Mutual Self-Help Housing Technical Assistance grants are available to nonprofit organizations to help very-low- and low-income families build their own rural homes.
To learn more about USDA’s observance of National Homeownership Month, contact a Rural Development State Office near you.
In April 2017, President Donald J. Trump established the Interagency Task Force on Agriculture and Rural Prosperity to identify legislative, regulatory and policy changes that could promote agriculture and prosperity in rural communities. In January 2018, Secretary Perdue presented the Task Force’s findings to President Trump. These findings included 31 recommendations to align the federal government with state, local and tribal governments to take advantage of opportunities that exist in rural America.
To view the report in its entirety, please view the Report to the President of the United States from the Task Force on Agriculture and Rural Prosperity (PDF, 5.4 MB). In addition, to view the categories of the recommendations, please view the Rural Prosperity infographic (PDF, 190 KB).
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.
Long & Foster’s Debby Kanner sells three condos in five days
Long & Foster Real Estate congratulates Debby Kanner on selling three condos in the Reserve at Gwynedd, a 55 and older community in Montgomery County, in five days. Each unit sold after just two days on the market.
Kanner, a resident of the Reserve at Gwynedd for over 10 years, has been selling real estate for 25 years. She has primarily focused on Cheltenham, Abington, Blue Bell and now greater Montgomery County. Of the Reserve, Kanner said, “it is a wonderful place to live. I love the fun and relaxed lifestyle.” In her spare time, Kanner enjoys swimming and walking and going to watch movies and theater productions at the Ambler Theater.
“We are so proud of all that Debby has been able to accomplish in her career and are fortunate to have her as a member of our team,” said Art Herling. “She has extensive experience with buyers and the Reserve at Gwynedd, and we are confident that her successes will continue for years to come.”
Herling is a 38-year veteran of the real estate profession and has been involved in nearly every aspect of real estate, from sales and management to home building and land acquisition. He specializes in luxury home sales, both resale and new construction, and his superior sales skills have made him Long & Foster’s No. 1 overall, the No. 3 agent in Pennsylvania overall and the No. 1 agent in suburban Philadelphia.
He is a member of the Home Builders Association of Chester and Delaware Counties, as well as the Home Builders Association of Bucks and Montgomery Counties. He has been involved in thousands of new home and lot sales. Highly respected for his expertise, Herling is frequently solicited by area experts to offer his insider’s knowledge of the new home and resale market including site and product evaluations.