Updates to FY 2023 Area Loan Limits and Related Changes

USDA Rural Development sent this bulletin at 03/24/2023 01:13 PM EDT

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USDA Rural Development - Together, America Prospers

SFH Direct Loan and Grant Programs

March 24, 2023

Updates to FY 2023 Area Loan Limits and Related Changes

The Fiscal Year (FY) 2023 area loan limits (based on the guidance in Handbook-1-3550, Chapter 5, Paragraph 5.6 A) were effective March 1, 2023, and are available at https://www.rd.usda.gov/files/RD-SFHAreaLoanLimitMap.pdf.

However, the area loan limits have since been revised to resolve errors that appeared in the counties of Dixie (FL), Cumberland (NJ), and cities of Buena Vista, Covington, Emporia, Franklin, Galax, Lexington, Martinsville, Norton, and Radford (VA). The updated FY 2023 area loan limits are also reflected in the following resources, so it is important to use the latest versions:

Section 502 Worksheet for Computing Income and Maximum Loan Calculator (as found on the Direct Loan Application Packagers page)
Section 504 Automated Worksheet (as found on the Single Family Housing Repair Loans & Grants page)
Single Family Housing Direct Eligibility Self-Assessment Tool

Program Information

Single Family Housing Direct Loans

Single Family Housing Repair Loans and Grants

Mutual Self Help Housing Technical Assistance Grants

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