Resource Details


Preservation Revolving Loan Fund

The Housing Assistance Council is committed to preserving and improving existing affordable rental housing in rural America, including USDA Section 515 properties, HUD subsidized properties, and naturally occurring affordable housing. HAC has flexible loan capital available to support preserving these critical rural housing resources.


Nonprofits, housing authorities, tribal entities, and for-profit developers are eligible for PRLF.

PRLF may be used for predevelopment, acquisition, site development, construction, bridge and permanent financing toward existing affordable or mixed income rental housing (with or without current income restrictions).

Top Benefits

  • Loan size of $50,000 - $1,500,000 (larger loans possible in partnership with other lenders).
  • Short term loans up to 24 months; longer term loans up to 120 -180 months with an amortization period up to 30 years, based on project needs.

Related Resources

  • Housing, Other, Sustainability

    EPA Envirofacts Database

    U.S. Environmental Protection Agency

    Envirofacts provides users an assessment of their environment using their ZIP code.

  • Housing, Other

    Single Family Housing Rural Disaster Home Repair Grants

    U.S. Department of Agriculture

    This program provides grants to very-low and low-income homeowners to repair homes damaged in a Calendar Year (CY) Presidentially Declared Disaster Area.

  • Housing

    Rural Housing Preservation Grant

    U.S. Department of Agriculture

    Provides grants to sponsoring organizations for the repair or rehabilitation of housing owned or occupied by low- and very-low-income rural citizens.