The USDA 502 Single Family Housing Program is funded through the USDA Rural Development.  The local office is in Johnstown, New York and ACRHA is available to assist with the application and packaging of these loans.  The purpose of this program is to provide financing to low and very low-income persons who can not obtain credit from other sources in order to obtain adequate housing in rural areas.  Funding may be used to buy, build, rehabilitate, improve, or relocate an eligible single family dwelling and improve related facilities for use by the borrower as a permanent residence. The USDA 504 Grant/Loan is funded through the USDA Rural Development.  The local office is in Johnstown, New York and ACRHA is able to assist with the application and packaging of these loans and grants.  Eligible applicants must be located in the rural Albany County USDA service area.  Grants of up to $7,500 are available to assist qualified persons 62 years of age or older and loans are available up to $20,000 to assist qualified persons of any age with necessary home repairs. For additional information, please contact the USDA directly at 518/762.0077, ext. 4, or visit www.rurdev.usda.gov/ny. Please Note: A Note and Mortgage may be required for any and all of the programs listed above and a lien may be placed on the property for up to 10 years, unless otherwise specified.