USDA Section 538 Rural Multifamily Housing Financing
Bellwether Enterprise specializes in arranging USDA 538 loans for affordable housing developments in qualifi ed rural sub-markets. We have a long-standing relationship with the USDA and work closely with each Borrower throughout their application and commitment process.
The USDA 538 Loan Program is a government guaranteed loan available to developers of affordable multifamily housing in rural areas. Under the program, Bellwether Enterprise underwrites the loan; the USDA then provides a guarantee of up to 90% that covers the loan.