USDA Extends Rural Definition
Until March 27, 2012
Dear Rural Advocates,
Yesterday, USDA
issued a notice to all local, state, and national Rural Development staff
instructing them to continue to use the current "rural" definition until March 27,
2013, and postponing implementation of data from the 2010 Census data
until that time. This notice applies to all Rural Development programs,
including those administered by the Rural Housing Service, the Rural Utilities
Service, and Rural Business Service.
The new deadline--March 27, 2013--coincides with the expiration of the FY13
Continuing Resolution.
This is a important victory for all rural advocates because it allows us to
continue to work with Rep. Fortenberry to find a long-term solution to this
issue when Congress returns to Capitol Hill after the November
elections.
The notice also includes changes to the data USDA will use to verify income
eligibility. Because the 2010 Census--and future Censuses--does not ask
participants about their incomes, USDA will begin to use the 5-year American
Community Survey estimates to determine income eligibility
standards.
Call The Pete Dijkstra Team Today to see how we can make your dream of home ownership a reality. 480-812-9200 or 1-866-910-3838
Visit us on the web for all of your real estate needs www.AnyAZHome.com
*All loan programs are subject to qualifying terms and availability
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