Rural Housing Community Meeting

Hometown Housing Opportunities, Town Hall Meeting set for Beatrice
 
Opportunities are available for families and individuals to achieve the dream of homeownership in your hometown.   USDA Rural Development has close to $119 million available in Nebraska to assist with meeting the housing needs in rural communities.  Expanding and preserving homeownership is an important foundation to the economy and provides stability in our rural communities. Available housing is important in supporting employers in the community, provides a place “where jobs sleep” and allows families to live and raise their families in communities where they work. 

State and federal partners, community officials, lenders, realtors, major employers, home builders and other housing partners will convene for a public meeting at the Beatrice Library.  Families that are interested in living in rural communities and owning their own home or existing homeowners that need assistance with home repairs should plan to attend.

Representatives from USDA Rural Development, Nebraska Investment Finance Authority (if attending) will be available to discuss programs that offer up to 100% financing for a home purchase.  Financing is available with interest rates at 3.5% and below, and households may qualify for rates as low as 1%.  These affordable rates with no down payment make homeownership affordable and may be less than rent.   Low interest rate loans at 1% are also available for home repairs for existing homeowners for very low-income household.  Grants are available for elderly households 62 years of age or older for home repairs that are unable to repay a loan.