USDA HB-1-3555 1.4: SFHGLP GOALS

Document
USDA HB-1-3555, Single Family Housing Guaranteed Loan Program Technical Handbook
Version in Zeitro Strata
Where
page 11 of 551

Page 11

1.4 SFHGLP GOALS

The SFHGLP is designed to provide low- and moderate-income households the opportunity to own adequate, modest, decent, safe, and sanitary dwellings and related facilities for their own residential use in rural areas. The program offers eligible applicants the opportunity to acquire, build, rehabilitate, improve, or relocate a dwelling in rural areas. The program provides loan guarantees to approved lenders for loans made to eligible applicants.

In providing this service, the Agency strives to meet several goals. x Customer Service. The Agency is committed to providing customer-focused,

streamlined service.

x Partnerships. The Agency is committed to working with participating lenders in

order to expand housing opportunities in rural areas.

x Effective Use of Resources. The Agency is committed to using tax dollars

efficiently.

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.