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Based on “Featured News”.

For too many, affordable housing is still out of reach

Nearly a decade after the housing market crisis and collapse, home ownership still remains out of reach for many Americans. The demand for rentals has shot up, and unsurprisingly so have rents, creating an economic catch-22.

RCAC Loan Fund lends more than $3 million to rural communities

In the quarter ending June 30, 2016, Rural Community Assistance Corporation (RCAC) closed 14 loans totaling more than $3 million to assist rural communities in California, Nevada, New Mexico and Montana with housing, water infrastructure and community development projects.