TimesLeader.com

July 2
Housing plan set

USDA Rural Development offers a Single Family Guaranteed Rural Housing Program (GRH) designed to assist low and moderate income, credit worthy families and individuals in purchasing existing or building new homes in rural areas. This is made possible by the USDA Rural Development’s guarantee of loans made by conventional lenders.

To qualify, applicants must be under the moderate-income limit for the county in which they live, have an acceptable credit history and adequate and dependable income sufficient to meet all obligations. Ample guaranteed housing funding is available for the current fiscal year which runs from October 1, 2007 through September, 30, 2008.

Homebuyers may make applications with participating lenders and can reach Tunkhannock Rural Development office at 836-4157, ext. 4 to obtain names of lenders, income limits and more information.