Bulletin 2023-068 USDA Rural Housing Property Location Eligibility
Newrez LLC "Newrez" Approved Correspondent Clients; USDA issued a bulletin on September 8, 2023 announcing changes to the eligibility of certain rural areas effective October 1, 2023.
On October 1, 2023, the new ineligible area maps for the Rural Development Single Family Housing will be updated to the USDA Income and Property Eligibility Site and the current maps will be moved to the “previous eligibility areas” tab. All properties for new applications must be located in an eligible rural area based on the new eligibility maps.
To view complete bulletin, click here.