The Week Ahead: Senate to Examine the State of Rural Housing

The United States Department of Agriculture (USDA) established its Single-Family Housing Guaranteed Loan Program in 1991 to help expand access to mortgage financing in rural areas. Since then, nearly 1.5 million rural residents have purchased homes with USDA loan guarantees, and more than 134,000 buyers have used USDA’s loan guarantees to purchase homes in rural areas in 2015 alone.