Iberia

Jul 28, 2014 2:50 PM

Iberia now available for Rural Development loans

Today, the United States Dept. of Agriculture (USDA) announced that the City of New Iberia now qualifies for USDA's Rural Development 100% residential home finance program. New Iberia was previously ineligible for Rural Development loans.

Rue Development Loans are a division of the USDA that provides home loan opportunities for individuals with a low to moderate income level. Families' households with 1-4 members can earn up to $74,750 / year & families of 5 or more in a household can earn up to $98,650/yr.

For more information click here.

 

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