Notice of Availability of Funding and Requests for Proposals for Guaranteed Loans Under the Section 538 Guaranteed Rural Rental Housing Program

Summary

The U.S. Department of Agriculture (USDA) has announced the availability of funding for the Section 538 Guaranteed Rural Rental Housing Program (GRRHP), inviting eligible lenders to submit proposals for the development of affordable rental housing in rural America. The proposals must be submitted in the form of a Notice of Fund Availability (NOFA) response, and lenders can also submit their application concurrently.