Penn Homes Blog

Rural Development Home Loans

Categories: Financing & Taxes, Greenwood Louisiana

In an effort to expand affordable home ownership in Louisiana, the LA Housing Financing Agency partnered with Rural Development Program Initiative of the U.S. Dept. of Agriculture. Purchase price limits vary according to whether a home is new or existing or if it is in a targeted or non-targeted area. Also, the homebuyer must use the house as his/her principal place of residence. And it just so happens that all of our Greenwood home plans in Southwind qualify for this incredible financing option.The prospective homeowner must also meet income and purchase price limits. Income limits vary with the number of persons in the household and by parish. Although this program is for “low to moderate income” families don’t let that keep you from considering this valuable option. Simply click the link below and see what you qualify for.

Rural Development Qualification

Several families have been able to qualify for zero down programs that haven’t been available elsewhere. If you would like to find out more about this program, please contact me at Penn Homes.

Penn Homes
is a builder of fine homes in the Shreveport/Bossier City, Louisiana area. With over 30 years experience in residential and commercial building, Penn Homes has become a leader in the homebuilding industry.

One Response to “Rural Development Home Loans”

  1. Sherwood Fahey Says:

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