Browsing Category Archives

Based on “Affordable Housing”.

RCAC Loan Fund lends nearly $8 million to rural communities

In the quarter ending June 30, 2017, Rural Community Assistance Corporation (RCAC) closed 14 loans totaling nearly $8 million to assist rural communities in Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon and Washington. Among those that received loans were a nonprofit organization that supports Arizona migrant workers and a rural Nevada food hub.

National homeownership rate hits near 50 year low

Housing supply across the country has declined for the past two years and this scarcity has caused homeownership to hit a near 50-year low. Now, with more than 80 million millennials nearing home buying age, the shortage is expected to only worsen.

It was a day of firsts in Williams, California

On June 26, the first group of 10 homeowners participating in the U.S. Department of Agriculture Rural Development Mutual Self-Help Home Program helped raise the first wall of the first self-help home in Williams, California.