Potential homeowners in small but growing communities across the country face unique difficulties in finding access to safe, affordable mortgage financing. Although the name, Rural Housing Section 502 loan program (RHS), implies a limited client base, the RHS is instrumental in providing the mortgage financing that opens up opportunities for homeownership in small but growing communities. Roughly 900 communities across the country will soon lose eligibility for Rural Housing Service programs like Section 502. Unless Congress acts, thousands of American families will lose access to safe and affordable mortgages.
During a time of fiscal constraints it is important to understand that the Section 502 program is completely self-financed. Maintaining access for the affected communities will not add one penny to the federal budget.
Strong communities, large and small have always been the key to a strong America. Whether you live in an urban area, suburban, exurban community or a small farming town as a REALTOR® we need you to remind Congress to keep the door to homeownership open in all housing markets.
Please take action today and urge Congress to pass legislation that extends the eligibility of existing communities for programs of the RHS
Clint Skutchan is has been the Executive for FCBR since 2008. Prior to joining the REALTOR® association he ran a Medical Society and was a local talk show host for nearly 10 years
November 2013 Housing Report
A comprehensive Housing Report from the Fort Collins Board of REALTORS®. Residential Market Statistics for single family detached and attached homes plus Townhome/Condo stats provided by IRES. Please note that IRES no longer includes "to be built" and "under construction listings. For more information please call 223-2900.
FCBR is focused on enhancing our members’ success via a core service department approach.
Under the Policy Governance model we have implemented a number of tracking mechanisms and reports to provide useable data that provides a greater level of understanding and accountability for our Departments and Administrative services.
The following report is offered to our valued members on behalf FCBR’s Leadership so that ever FCBR member has a better understanding of how your association is performing.
Should you have any comments or questions please feel free to contact any member of FCBR’s Leadership team.
Thank you for your support and participation over this past year!