USDA 2020 SFH Guaranteed Funds Available
On October 21, 2019, the United States Department of Agriculture (USDA), Rural Development (the “Agency”), announced that funding for the Single-Family Housing Guaranteed Loan Program is available for the new fiscal year (October 1, 2019 to September 30, 2020) after lapsing for a short period of time.
Loan guarantee requests that received a contingent Form RD 3555-18/18E are being processed and lenders will receive an updated “Conditional Commitment” electronically generated by the Agency.