The USDA subsidizes over 15,000 section 515 rural multi-family apartment complexes throughout the 50 states, Puerto Rico, the Virgin Islands and Guam. Properties are classified as Elderly or Family and provide unit sizes from studio to 4 bedroom. The properties are serviced by approved Management Agencies who provide required annual tenant certification processing for their residents.

The USDA also subsidizes over 1,000 section 514 labor housing properties. Properties are classified as On-Farm or Off-Farm and require annual tenant certification for residence.

The USDA PROVIDES project-based Rental Assistance for over 250,000 apartment units throughout the nation. Tenants receiving Rental Assistance pay no more than 30% of their adjusted income for rent. Eligibility is determined by income standards set at the state and county level.

A new rent Voucher initiative is underway to provide assistance to tenants who were living in properties that pre-paid their subsidized loans and opted out of the program. Inquire at your local servicing office for details.