Rural housing voucher program and administrative

What this funds

Rural housing vouchers enable tenants in properties that have paid off their USDA 515 Direct Multifamily Housing mortgages or been foreclosed upon to continue to access affordable housing when the benefit of the traditional rental assistance program disappears upon the property's payoff. Funding protects very low- and low-income families who are affected by the loss the assistance, and the requirement that the property offer low rents. No funding is requested for 2027. The need for this assistance is decreasing due to the authority to decouple rental assistance from the USDA 515 Direct Multifamily Housing mortgages at payoff. In addition, between the set of current recipients whose income would not allow them to re-qualify, the value of the voucher diminishing over time, and natural attrition from the program, very few of the current recipients will be affected. For the remaining few, options would include vacancies at other USDA properties with rental assistance, applying for HUD funded housing assistance or other similar programs

Extracted from Rural Housing Service, p. 35. Verbatim; nothing here is paraphrased.

Ask this budget line

Answers come from the figures on this page and nothing else. These dollars are parsed from Agriculture (USDA)'s Congressional Justification and are approximate — confirm anything that matters against the cited page.