USDA Rural Development Announces Standardized Appraisal Assignment Guidance for Multifamily Housing Programs

The Office of Multifamily Housing’s Production and Preservation Division is issuing standardized appraisal assignment guidance for the following Multifamily Housing Programs:  Section 515 Direct Loans, Section 514/516 Farm Labor Housing and the Multifamily Housing Preservation & Revitalization (MPR). The guidance replaces the need for owners to request specific appraisal assignment guidance for each individual transaction.…