Housing Assistance: An Inventory of Fiscal Year 2010 Programs, Tax Expenditures, and Other Activities

U.S. Government Accountability Office

Section 502 Rural Housing Single Family Loans - Guaranteed

Administering Agency/Entity Department of Agriculture
Short Description Guarantees home loans for families with low or moderate incomes in eligible rural areas. Funds can be used for new and existing homes, including for providing water and sewage facilities.
Primary Purpose Assistance for buying, selling, or financing a home
Type of Housing Supported Homeownership
Type of Assistance Guaranteed loan
Fiscal Year 2010 Obligations $204,000,000; obligations represent the expected credit subsidy costs for loan commitments made in fiscal year 2010, including loans authorized under the American Recovery and Reinvestment Act of 2009. These estimates are revised in subsequent years and the ultimate cost will not be known until the loans have matured.

(Return to main page)

(Return to program listing)