Housing Assistance: An Inventory of Fiscal Year 2010 Programs, Tax Expenditures, and Other Activities
U.S. Government Accountability Office
Section 524 Site Development
| Administering Agency/Entity |
Department of Agriculture |
| Short Description |
Provides direct loans to nonprofit organizations and Indian tribes to purchase and develop land in rural areas. The building sites are to be sold on a cost development basis to families eligible for low- and very low-income loans, cooperatives, and broadly based nonprofit rural housing applicants. Sites financed through Section 524 have no restrictions on the methods by which the homes are financed or constructed. |
| Primary Purpose |
Assistance for buying, selling, or financing a home |
| Type of Housing Supported |
Homeownership |
| Type of Assistance |
Direct loan |
| Fiscal Year 2010 Obligations |
None; no loans were made in fiscal year 2010. |
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