USDA RD 538

CFR: Code of Federal Regulations in Commercial Real Estate

CFR: Code of Federal Regulations in Commercial Real Estate

CFR stands for Code of Federal Regulations. The CFR is the codification of the general and
permanent rules and regulations published in the Federal Register by the executive departments and agencies of the federal government of the United States.

NOFA: Notice of Funding Availability in Commercial Real Estate

NOFA: Notice of Funding Availability in Commercial Real Estate

NOFA or Notice of Funding Availability is a statement issued by the GRRHP  (under the USDA) in the Federal Register. The statement will contain information on the amount of funding to develop homes available for each area along with the period for which the funds will be available for.

GRRHP: Guaranteed Rural Rental Housing Program in Commercial Real Estate

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.