Aug 20, 2017

GRRHP: Guaranteed Rural Rental Housing Program in Commercial Real Estate

The GRRHP or Guaranteed Rural Rental Housing Program is a federal government initiative which backs loans made by private lenders to developers of rural homes. The GRRHP program enables lenders to offer permanent loan option for the construction, acquisition or rehabilitation of rural multifamily properties through the United States Department of Agriculture’s (USDA) RD 538 program.