Section 538 Rural Rental Housing Guaranteed Loans

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Benefit program

Section 538 Rural Rental Housing Guaranteed Loans

Federal · RURAL HOUSING SERVICE · #10.438

This program has been designed to increase the supply of affordable multifamily housing in rural areas through partnerships between Rural Development and major lending sources, as well as State and local housing finance agencies and bond insurers. The program provides Federal credit enhancement to encourage private and public lenders to make new loans for affordable rental properties that meet program standards.

Also known as

Rural Rental Housing Guaranteed Loans

About this program

This program has been designed to increase the supply of affordable multifamily housing in rural areas through partnerships between Rural Development and major lending sources, as well as State and local housing finance agencies and bond insurers. The program provides Federal credit enhancement to encourage private and public lenders to make new loans for affordable rental properties that meet program standards.

Who can apply

Indian/Native American/Alaska Native Tribal Government (Other than Federally Recognized)For-Profit OrganizationNonprofit Organization

Categories

FinancialLoan Guarantee

Source: SAM.gov Assistance Listings ↗ · 2026

Informational only — official eligibility is determined by the administering agency.

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