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The USDA Home Loan Program does allow for considerations for expenses like Child Care. [8] To be eligible, one must be purchasing a property in a rural area, as defined by the USDA. The home or property that the potential buyer is looking to purchase must be owner-occupied; investment properties are not eligible for USDA loans.
Homes purchased with USDA loans must be located in eligible rural areas. The USDA defines these areas as “open country or any town, village, city, or place, including the immediately adjacent ...
The Rural Development Administration (RDA) was a USDA agency established by the 1990 farm bill (P.L. 101-624, Sec. 2302), amending the Consolidated Farm and Rural Development Act of 1972 (7 U.S.C. 1921 et seq.), to administer FmHA community and business programs and other USDA rural development programs.
Children in rural areas had lower rates of poverty than those in urban areas (18.9 percent compared with 22.3 percent), but more of them were uninsured (7.3 percent compared with 6.3 percent). A higher percentage of "own children" in rural areas lived in married-couple households (76.3 percent compared with 67.4 percent).
Enacted the following year, the Rural Electrification Act provided federal loans for the installation of electrical distribution systems to serve rural areas of the United States. In the 1930s, the U.S. lagged behind Europe in providing electricity to rural areas. In 1934, less than 11% of U.S. farms had electricity.
Summer 2023 was among the driest on record causing drought conditions to spread — threatening crops and forcing burn bans in 215 Texas counties. 150 Texas counties have USDA disaster labels due ...