Rulti-Family Management - usda 2025

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Section 515 of the Housing Act of 1949 is the principal source of financing for rental housing in rural areas. Under Section 515, non-profit and for-profit entities can receive one-percent loans for acquisition, rehabilitation or construction of rental housing and related facilities.
Inquiries about your loan should be directed to the Customer Service Center (800) 414-1226 or you can use the Rural Development home loan website to access your loan information.
The 2025 current standard USDA loan income limit for 1-4 member households is $112,450, and the limit for 5-8 member households is $148,450, up from $146,050. USDA loan limits by county may be higher to account for cost of living.
To be eligible for a USDA home loan, your total household income cannot exceed the local USDA income limits. The 2025 current standard USDA loan income limit for 1-4 member households is $112,450, and the limit for 5-8 member households is $148,450, up from $146,050.
The Section 515 program offers direct loans to eligible borrowers to provide economically designed and constructed housing and related facilities for very low-, low-, and moderate-income households; elderly households; and persons with disabilities living in rural areas.
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Section 538 focuses on partnerships between USDA and qualified lenders, whereas Section 515 loans are directly funded from USDA to nonprofit or for-profit rural housing developers. The program is operated by the U.S. Department of Agricultures Rural Development.
Section 521 Stand-Alone Rental Assistance Decoupling Rental Assistance allows eligible USDA Rural Development Multifamily Housing (MFH) direct loan borrowers to continue receiving long-term rental assistance in exchange for agreeing to preserve and operate their multifamily property as affordable rural housing.

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