USDA Rural Development announces new area loan limits

by Staff Pioneer Times
14 years ago

    BANGOR — USDA Rural Development has announced new area loan limits for the Direct Single Family Housing Program. Effective April 15, Rural Development will adopt the following loan limits: 
• Aroostook and Washington counties — $170,000.
    For more information on Rural Development’s Housing Programs, contact Dale D. Holmes, housing program director, at 990-9110; or one of the USDA’s area offices located in Presque Isle, Bangor, Lewiston or Scarborough.
    In Maine, USDA Rural Development has area offices located in Presque Isle, Bangor, Lewiston and Scarborough, as well as a state office, located in Bangor. There are 83 employees working to deliver the agency’s Housing, Business, and Community Programs, which are designed to improve the economic stability of rural communities, businesses, residents and farmers, and improve the quality of life in rural Maine. In Fiscal Year 2010, USDA Rural Development invested over $450 million, including leveraged funds, in the state of Maine. Further information on rural programs is available at a local USDA Rural Development office or by visiting USDA Rural Development’s website at www.rurdev.usda.gov/me.