USDA Releases 2014 Funding
The USDA has released 2014 funding: Funding for Rural Development’s Single Family Housing Guaranteed Loan program is now available for fiscal year (FY) 2014. The funding received is based on a Continuing Appropriations Act, 2014 (P.L. 113-46, H.R. 2775). Loans that were issued Conditional Commitments “subject to” commitment authority will be obligated on the Agency’s Guaranteed Loan System (GLS).
Also, we are pleased to announce that the USDA has extended the use of previously eligible areas until January 15, 2014. This update retracts our September 4 announcement in which we announced that certain areas may have become ineligible.
Check for eligible properties here: http://eligibility.sc.egov.
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