Section 515 properties — and the people who call them home — are at risk. Nationwide, hundreds of thousands of seniors, people with disabilities, and low-income individuals and families live in United States Department of Agriculture (USDA) Section 515 rental properties, a crucial source of affordable housing in rural communities.
515 Properties: Preserving affordable rental housing in rural communities
This report describes important affordable rural rental properties across Minnesota and the people who live there. These are rental units that have been financed under the USDA’s Section 515 program. As federal investments in the 515 program have been insufficient and declining for many years, many 515 properties are…
Rural Rental Housing: Report and Recommendations
(April 2020)This report identifies challenges to preservation of rural rental housing and solutions developed by community members that live and work in Greater Minnesota. The report highlights needs and solutions for USDA Rural Development 515 properties. A cover letter, here, connects report recommendations to COVID-19 housing stability needs.