Housing Assistance: An Inventory of Fiscal Year 2010 Programs, Tax Expenditures, and Other Activities
U.S. Government Accountability Office
Section 533 Rural Housing Preservation Grants
Administering Agency/Entity | Department of Agriculture |
Short Description | Provides competitive grants to state agencies, local governments, Native American tribes, and nonprofit organizations for rehabilitating single-family housing in rural areas that is owned by low- and very low-income families, rehabilitating rural rental properties, and rehabilitating rural cooperative housing that is structured to enable the cooperatives to remain affordable to low- and very low-income occupants. The grantees assist homeowners in repairing or rehabilitating their homes by providing them with direct loans, grants, or interest rate reductions on loans from private lenders. A broad range of housing preservation activities are authorized under the program. |
Primary Purpose | Operation/management of rental housing |
Type of Housing Supported | Both |
Type of Assistance | Grant |
Fiscal Year 2010 Obligations | $11,000,000 |