USDA Press Release: USDA Rural Development Announces Pilot to Cut Red Tape, Preserve and Produce Affordable Rural Rental Housing

(Washington, D.C., September 22, 2026) — U.S. Department of Agriculture Rural Development today announced the Multifamily Housing Loan Preservation Pilot and Multifamily Housing Guaranteed Loan Notice of Loan-to-Cost Percentage Change to preserve and produce affordable rural rental housing. The pilot speeds property transfers, reduces duplicate paperwork, and preserves rural affordable housing stock. USDA Rural Development’s…