National Homeownership Month

[fullwidth background_color=”” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”” padding_top=”20″ padding_bottom=”20″ padding_left=”0″ padding_right=”0″ hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][title size=”1″ content_align=”left” style_type=”underline solid” sep_color=”#000000″ margin_top=”” margin_bottom=”” class=”” id=””]National Homeownership Month[/title][fusion_text]Monday, June 1st 2015

Agriculture Secretary Tom Vilsack today kicked off National Homeownership Month by highlighting USDA’s ongoing role to help residents of America’s small towns and cities purchase homes in rural areas. The Mutual Self-Help program provides grants to help organizations carry out housing construction projects in rural areas. These organizations supervise groups of very-low- and low-income individuals and families as they construct their own homes. The group members provide most of the construction labor on each other’s homes and get technical assistance from the organization overseeing the project. By working with trusted local organizations, this program helps people get affordable, clean and safe homes of their own. For instance, in California, Self-Help Enterprises has partnered with USDA since 1965 to help more than 6,100 very-low- and low-income families build and own their own homes in the San Joaquin Valley. Though known as a top agricultural production region, the Valley also has one of the highest poverty rates in California. Homeownership provides a strong foundation to help build household wealth, start a business or fund education through home equity. Since the creation of USDA’s single-family housing programs in 1949, USDA has helped more than 3 million rural residents access the American dream of homeownership. Throughout June, USDA employees will celebrate National Homeownership Month with events across the Nation that demonstrate USDA’s commitment to provide access to affordable housing for low-and moderate-income rural residents. Since 2009, USDA invested more than $117 billion to support rural homeownership. In 2014 alone, USDA invested more than $19.9 billion to help nearly 140,000 rural families buy and maintain homes.

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