Funding and Grants

USDA Multifamily Housing Loans (Sections 515 / 538)

USDA Multifamily Housing Loans (Sections 515 / 538) is a federal funding program available in Scotts Bluff County, Nebraska. Direct loans (515) and guaranteed loans (538) for developers building or preserving affordable rural rental housing.

LevelFederal
AdministratorUSDA Rural Development
Who can applyEligible Rural Areas of Scotts Bluff County

Check which parcels qualify on the map See all funding programs

Who qualifies

The applicant is a developer (for-profit, nonprofit, public body, cooperative, or tribe) building or preserving rural rental housing for low- and moderate-income, elderly, or disabled tenants.
The project is in an eligible rural area and meets program rent and income limits.

This program is available throughout Scotts Bluff County, Nebraska.

Funding terms

Section 515 direct low-interest loans (now largely preservation-focused) and Section 538 guarantees of private lender loans. New-construction 515 funding is constrained; confirm current NOFA.

What you need to apply

Development Pro Forma
Market Study
USDA Multifamily Application

The rule behind this program

Every eligibility statement on this page traces to first-party authority (corpus version 2026.06).

Program Guidance: USDA Rural Development, Multifamily Housing Programs

Need help applying? Build Scotts Bluff offers lending coordination for Scotts Bluff County, Nebraska. See lending coordination services.

Advisory only. Eligibility is a deterministic read of public program rules as of the cited corpus version and is not legal advice or a guarantee of funding; every determination must be reviewed against the live program and counsel.