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Very Low to Moderate Income Housing Loans and Loan Guarantees

Program Information

Popular name

(Section 502 Rural Housing Loans)

Program Number

10.410

Program objective

To assist very low, low-income, and moderate-income households to obtain modest, decent, safe, and sanitary housing for use as a permanent residence in rural areas.

Program expenditures, by FY (2023 - 2025)

This chart shows obligations for the program by fiscal year. All data for this chart was provided by the administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.

For more information on each of these data sources, please see the About the data page.

Additional program information

  1. 2024

    32,543 Section 502 Guaranteed Home loans for $6.1 billion.

Single Audit Applies (2 CFR Part 200 Subpart F):

For additional information on single audit requirements for this program, review the current Compliance Supplement.

OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.

7 CFR Part 3550 "Direct Single Family Housing Loans and Grants." For guaranteed loans, 7 CFR Part 3555 "Guaranteed Rural Housing Program".

Program details

Eligible applicants

Eligible beneficiaries

  • Individual/Family
  • Low Income
  • Moderate Income
  • Rural

Additional resources