Jul 28, 2014 2:50 PM
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.