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This program improves the economic condition of rural areas by helping individuals and businesses start, expand or improve rural cooperatives and other mutually-owned businesses through Cooperative Development Centers.
Eligibility Requirements Arizona The average household income limit for a family of 1-4 in Arizona is $110,650 and for families for 5 or more, the limit can be as high as $146,050. Curious? Dont hesitate to contact one of our USDA loan experts to see if you and your family qualify.
An RHS loan is a type of financing provided or guaranteed by the Rural Housing Service (RHS) of the U.S. Department of Agriculture (USDA). The RHS lends directly to low-income borrowers in rural areas and guarantees loans issued by approved lenders that meet RHS requirements.
The Census Bureau defines rural as any population, housing, or territory not in an urban area. This definition is closely tied to its urban definition, of which there are two geographical types: Urbanized Areas have a population of 50,000 or more. Urban Clusters have a population between 2,500 and 50,000.
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