USDA Invests $74 Million for Affordable Rural Rental Housing

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Financial stress has been linked to numerous negative health concerns. The stress felt from financial pressure can affect appetites and sleep patterns and greatly impact overall physical and mental well-being.

One of the most pressing financial stressors people deal with stems from paying for housing. IN rural areas, the difficulties of finding affordable housing is often exacerbated. However, the U.S. Department of Agriculture (USDA) recently invested over $74 million to build and preserve affordable rural rental housing for families across the country.


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“[The] USDA’s multi-family housing program has provided loans and other assistance for affordable rural rental housing for two decades,” said USDA Rural Housing Service Administrator Tony Hernandez in a press release. “Providing decent, safe and affordable homes like those I visited today promotes rural economic development and strengthens communities.”

Since starting the initiative, the USDA has provided more than 41,000 affordable rental units nationwide and in 2016, they have built over 2,700 rural rental apartments.

Read more about this initiative here.

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