Advertisement
 

Monday, September 05, 2005

USDA apartment disaster info

OK, we have a multifamily-specific announcement from USDA: "...We can relieve payments for current Multi-Family loan borrowers through moratoriums, forgiveness, reamortization, refinancing and work-out plans." Details on the site. Scroll up and down on the same page for plans to help displaced rural tenants and property owners with USDA mortgages and subsidies.

[UPDATE: The HAC disaster information site notes a Katrina recovery guidance letter specific to rural rental housing.]

[UPDATE: A further progress report, including "a general debt service moratorium for a minimum of 90 days for all housing program borrowers in counties that are included in the Presidential Disaster Declaration" for Katrina.]
To read more please refer to our Archives
(see links in right-hand column).
Advertisement