In this issue:
Tribal circuit riders build water and wastewater capacity
On a sunny fall day, Santos Obedoza approaches a fire hydrant on the Upper Lake Rancheria here in Northern California. With wrench in hand, he gingerly begins turning the hydrant’s lock and valve to open and flush them. In minutes, the water gushes across the road. Read more
Housing counseling training supports counselors, first-time homebuyers
In 2006, just as the nation’s housing market was overheating and would eventually implode, Melissa Looney watched how prospective homeowners learned about mortgages. A decade prior she had started her housing career working as a mortgage technician. Something about the home buying process, she recalls, wasn’t right. Read more
RCAC seeks Yoneo Ono Award nominees
The clock is ticking … nominations close for the 2018 Yoneo Ono Award on July 8! Don’t miss this opportunity to honor a friend or colleague who has made significant lifelong contributions to his/her community in volunteer capacities. Help us encourage further rural volunteer activities by acknowledging the accomplishments of a select few. Read the award criteria here
Do you need financing for an affordable housing, environmental infrastructure or community facility project? RCAC’s Loan Fund could be a perfect fit! Our rates are competitive, our staff is easy to work with and they provide quick turnaround on applications. Give us a call to discuss your project in detail and download our programs and rates at-a-glance flyer. RCAC is a certified Community Development Financial Institution (CDFI), with an Aeris rating of 4 Stars AA plus Policy Plus.
Conference and Workshop Calendar
502 Packaging Certification Training
Sacramento, Calif. – August 28 – 30, 2018, Embassy Suites, 100 Capitol Mall – This three-day advanced course will cover USDA Rural Development’s (RD) Section 502 direct loan program and provide invaluable insight as to how this homeownership financing resource can be used in your communities.
Learn how your organization can assist potential borrowers and work in partnership with RD staff in your state to deliver successful Section 502 loan packages. Participants will also learn the loan program’s regulations and practical applications. They will develop a strong understanding of 502 direct underwriting and packaging standards, which will ensure that submitted loan dockets are complete and ready for processing.
Participants who attend this three-day training and pass the online exam will be better equipped to package 502 loan applications on behalf of parties seeking USDA RD assistance. The course is also excellent for Mutual Self-Help Housing grantees who want to build their skills in packaging loans for participating households. More information and registration.
Network News, published monthly, is a compilation of timely news, announcements and accomplishments produced for the rural development world at no cost to subscribers. We encourage correspondence and welcome contributions. Subscribe here
Chief Executive Officer: Stanley Keasling
Executive Editor: Dawn Van Dyke
Managing Editor: Sharon Wills
3120 Freeboard Drive, Suite 201
West Sacramento, CA 95691
Network News is funded by: RCAC’s Loan Fund and U.S. Department of Health and Human Services
For further information on RCAC’s services or additional office locations, visit www.rcac.org or call (916) 447-2854.
RCAC is the western RCAP partner.