Tuesday, May 29, 2012

USDA Names Dorchester As Target Location For Rental Housing Program


The Times has just learned that the U.S. Department of Agriculture (USDA) Rural Development has announced its 2012 designated place list for the Rural Rental Housing (RRH) loan program. Dorchester is included on this list.

The program helps build and maintain affordable multi-family housing rental developments in rural areas. Potential applicants include individuals, corporations, associations, partnerships, limited partnerships, state or local public agencies, and nonprofit organizations.  Only rural rental housing proposals located in the state’s designated places will be accepted for review.
Designated places were selected based upon certain demographic data that indicated a possible need for additional affordable rental units.  The only other nearby towns the Times noticed on the USDA list were Friend, Hickman, Milford, and Wilber. 

Since new and renovated housing is a need in our community (see our latest Times poll), this may be a good opportunity for a respected property investor to enter the Dorchester housing market.

Contact the Nebraska USDA Rural Development State Office for loan proposal information at (402) 437-5734.  Or visit http://www.rurdev.usda.gov/NEHousingPrograms_RRH.htm.

3 comments:

  1. just what we need ..................... more trailers in town .............................................

    ReplyDelete
  2. Cynical Richard Glad to see you back. Oldtimer

    ReplyDelete
  3. Cynical Richard Glad to see you are still around.

    ReplyDelete

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