STAKEHOLDER ANNOUNCEMENT

USDA Extends Pilot Program to Help People Access Affordable Financing to Build Manufactured Homes in Rural Communities

Pilot Supports Biden-Harris Administration’s Housing Supply Action Plan

WASHINGTON, Oct. 11, 2024 – U.S. Department of Agriculture (USDA) Rural Development Under Secretary Dr. Basil Gooden today announced that USDA is extending a pilot program for people in 23 states seeking homeownership to access affordable financing to build manufactured homes in rural communities.

Today’s announcement supports the Biden-Harris Administration’s Housing Supply Action Plan, which seeks to boost new financing mechanisms to build and supply quality and affordable homes.

Financing for the pilot program is made possible through the Single Family Housing Direct Loans program and the Single Family Housing Guaranteed Loan program.

USDA launched the pilot program in 2016 and renewed it in 2022 until Nov. 4, 2024.

To learn more, read full Stakeholder Announcement.