The GRRHP or Guaranteed Rural Rental Housing Program is a federal government initiative which backs loans made by private lenders to developers of rural homes. The GRRHP program enables lenders to offer permanent loan option for the construction, acquisition or rehabilitation of rural multifamily properties through the United States Department of Agriculture’s (USDA) RD 538 program. USDA stipulations usually include a guarantee of up to 90% and flexible amortization options with optional balloon structure. This is done in an effort to appeal to developers by drastically reducing the risks of building in rural areas while simultaneously maximizing returns.

The Fannie Mae Rural Development Guaranteed Rural Rental Housing Program, offered by the United States Department of Agriculture (UDSA) Office of Rural Development's (RD's) Section 538 program, offers fixed-rate loans with terms between 25 and 40 years. Plus, the program offers LTV allowances of up to 90% for for-profit organizations, and up to 97% for non-profit organizations.

The GRRHP or Guaranteed Rural Rental Housing Program is a federal government initiative which backs loans made by private lenders to developers of rural homes. The program is administered by the United States Department of Agriculture’s (USDA) RD 538 program and is available nationwide. To be eligible for the program, developers must meet the USDA’s stipulations which usually include a guarantee of up to 90% and flexible amortization options with optional balloon structure.

In addition, developers must meet the eligibility requirements of the HUD 223(a)(7) program. These requirements include:

• The property must be located in a rural area as defined by the USDA.
• The property must be a multifamily rental housing project.
• The project must be owned by a limited partnership, limited liability company, or a corporation.
• The project must be insured by the Federal Housing Administration (FHA).
• The project must meet the requirements of the HUD 223(a)(7) program.

The GRRHP or Guaranteed Rural Rental Housing Program is a federal government initiative which backs loans made by private lenders to developers of rural homes. The GRRHP program enables lenders to offer permanent loan option for the construction, acquisition or rehabilitation of rural multifamily properties through the United States Department of Agriculture’s (USDA) RD 538 program. USDA stipulations usually include a guarantee of up to 90% and flexible amortization options with optional balloon structure. This is done in an effort to appeal to developers by drastically reducing the risks of building in rural areas while simultaneously maximizing returns.

The USDA 538 Loan Program may be used for:

• Construction
• Acquisition
• Rehabilitation
• Refinancing of existing GRRHP guaranteed loan

The GRRHP or Guaranteed Rural Rental Housing Program is a federal government initiative which backs loans made by private lenders to developers of rural homes. This is done in an effort to appeal to developers by drastically reducing the risks of building in rural areas while simultaneously maximizing returns. This helps rural communities by providing developers with the financial backing they need to build or renovate rural multifamily properties, which can help to create jobs and stimulate the local economy.

The program, which is offered by the United States Department of Agriculture (UDSA) Office of Rural Development's (RD's) Section 538 program, offers fixed-rate loans with terms between 25 and 40 years. Plus, the program offers LTV allowances of up to 90% for for-profit organizations, and up to 97% for non-profit organizations.

The GRRHP or Guaranteed Rural Rental Housing Program is a federal government initiative which backs loans made by private lenders to developers of rural homes. Benefits of participating in the GRRHP program include:

• A guarantee of up to 90% from the USDA
• Flexible amortization options
• Optional balloon structure
• Reduced risks of building in rural areas
• Maximized returns

The Freddie Mac Green Advantage Program also offers incentives for resource efficient multifamily conventional, seniors, and targeted affordable housing developments. Highlights of the program include:

• Works with the majority of Freddie Mac Multifamily Optigo loans
• Options include Green Up®, Green Up Plus®, Green Certified, Green Rebate, or C-PACE
• The Green Assessment® and Green Assessment Plus® show borrowers how they can save energy or water. Mac reimburses up to $3,500 of the cost of the report when the borrower closes a loan
• Eligible mixed-use properties are supported