10.445: Direct Housing Natural Disaster
Alternate Name: Section 502 Very Low and Low Income Loans
Overview
Program Number
10.445
Status
Inactive
Last Modified
Sept. 6, 2011
Date Posted
Aug. 23, 2010
Objective
To assist qualified lower income rural families to meet emergency assistance needs resulting from natural disaster to buy, build, rehabilitate, or improve dwellings in rural areas. Funds are only available to the extent that funds are not provided by the Federal Emergency Management Agency (FEMA). For the purpose of administering these funds, natural disaster will only include those areas identified by a Presidential declaration.
Type of Assistance
E - Direct Loans
Applicant Eligibility
Applicants must be without adequate resources to obtain housing or related facilities. Applicants must be unable to secure the necessary credit from other sources at prevailing terms and conditions for residential financing.
Beneficiary Eligibility
Applicants/borrowers are the direct beneficiaries when they meet all eligibility criteria.
Grant Awards
Direct Housing Natural Disaster direct grants
Grant Opportunities