USDA’s Review of Community Eligibility for Rural Housing Loans
Monday, February 26, 2018
Written By: Megan Moore

The USDA is in the process of reviewing USDA designated “rural” geographic areas for eligibility for USDA rural development programs. These reviews occur every five years and areas can be determined rural either by population limit or by their character.

There are currently five cites in Williamson County that are under review; Cedar Park, Georgetown, Hutto, Leander and Round Rock. Some factors that determine eligibility include population, high unemployment, lack of a municipal utilities, quality and type of housing stock, and in Williamson County’s case, lack of available mortgage products. In a letter to the Texas USDA office, Victoria Reviel, 2018 WCRealtors president, commented "while Williamson County continues to grow at a robust rate, finding and securing affordable housing is becoming a challenge for many potential and current homeowners. Home prices in the county are well above the national average and the USDA rural development housing programs offer access to many homeowners that otherwise may not have been able to own a home."

To read Victoria’s letter please click here. We anticipate the USDA will complete their review by early June.



About the Author:
Megan joined the Williamson County Association of REALTORS in late 2017 and she will be overseeing the Association Events and Governmental Affairs. Prior to working at WCREALTORS, Megan was on staff at the Greater Nashville REALTORS® for 8 years as their Events Manager/Governmental Affairs Director. Megan and her husband Brian live in Georgetown with their two children, Emma and Andrew, and their Goldendoodle, Oakey. She enjoys cooking, walking her dog and spending time with friends and family.

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