Fahe Closes 1,000th 502 Direct Loan During Homeownership Month

June is National Homeownership Month and Fahe is celebrating in style because we have closed our ONE THOUSANDTH USDA 502 Direct Loan!  That’s 1,000 rural families that have received a home with a mortgage they can afford.

Our partnership with USDA is a beautiful example of a public/private partnership that really works. By coupling a great […]

By |June 26th, 2017|Fahe, Housing, Loans, USDA 502 Program Loan|Comments Off on Fahe Closes 1,000th 502 Direct Loan During Homeownership Month

USDA 502 Direct Collaboration

USDA 502 Direct Loans are affordable, low interest loans that help low- and very low-income households obtain homeownership. Recently the USDA has entered into collaboration with certain nonprofits to help augment their existing staff capacity. The USDA 502 Packaging Demonstration is the first partnership of its kind where nonprofits have been given unprecedented access to […]

By |July 13th, 2012|USDA 502 Program Loan|Comments Off on USDA 502 Direct Collaboration

FAHE Packages Its 100th USDA 502 Program Loan

Speaking to Heather Powell, one can tell she is a woman who is certain of what she wants. A disabled mother of three daughters, she found herself wanting more than just renting a house in rural Somerset, KY. The location was nice, the backyard was large, but she found herself paying more and more for […]

By |May 14th, 2012|Loans, USDA 502 Program Loan|Comments Off on FAHE Packages Its 100th USDA 502 Program Loan