Owning your own home is part of the American dream. For 65 years, USDA has helped millions of rural residents achieve the dream of homeownership through our affordable home loan programs. This year, USDA Rural Development has helped nearly 3.4 million rural families and individuals become homebuyers through 65 years of delivering housing assistance.
Affordable home financing creates ladders of opportunity to help families grow and thrive. Every year, USDA Rural Development’s direct and guaranteed home loans help tens of thousands of rural residents become homeowners.
Here in New Mexico since the start of the Obama Administration, USDA Rural Development has made direct or guaranteed loans for more than 10,000 rural residents.
For example, 21-year old Marianna Wheeler of Deming, and her 3-year-old son, Gilbert Ray became two of those 10,000 homeowners after they moved into a new home which was made possible through USDA’s Rural Development Direct Home loan program.
We also provide a home repair loan program, and grants for very-low-income seniors, to help homeowners protect and preserve their most precious asset.