Loan Guarantees Under the Section 538 Guaranteed Rural Rental Housing Program

CARH’S BROADCAST E-MAIL – Regulatory Update

April 28, 2023

USDA’s Rural Development (RD), which administers the programs of the Rural Housing Service, published the following Notice in today’s Federal Register.

• Loan Guarantees Under the Section 538 Guaranteed Rural Rental Housing Program
  The Rural Housing Service (RHS or Agency), an agency within Rural Development (RD), announces updates in the process for competitive lender submissions (responses) regarding proposed projects for the Section 538 Guaranteed Rural Rental Housing Program (GRRHP). The amount of program dollars available for the GRRHP will be determined by the Appropriations Act for each fiscal year. The effective date of the process updates is April 28, 2023. Click here to review the full Notice.

Please contact the CARH national office at carh@carh.org or 703-837-9001 should you have questions or concerns. For other news and information affecting the affordable rural housing industry, please visit the Newsroom on CARH’s website, www.carh.org.