Housing Assistance Council Explores Ways to Preserve USDA Rental Properties
30 January 2019
A report by the Housing Assistance Council (HAC), titled Rental Housing for a 21st Century Rural America: A Platform for Preservation, aims to inform strategies for the production and preservation of rental properties financed by the United States Department of Agriculture (USDA) Section 515.
The USDA funds over 13,000 rental properties in rural communities, which provide affordable housing to over 415,000 households. USDA’s Section 515 targets rural communities, and funds rental property in every state, reaching 87% of counties across the country.