Aid offered to White Fire homeowners

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Aid offered to White Fire homeowners

Updated: Tuesday, 12 Apr 2011, 11:54 AM MDT
Published : Tuesday, 12 Apr 2011, 11:53 AM MDT

ALBUQUERQUE, N.M. (AP) - Federal funds could help low- and moderate-income homeowners rebuild or remodel homes damaged by a fire this month in the Ruidoso area of southern New Mexico.

USDA Rural Development says it can provide financial support to buy or repair a home.

Its direct home loan program was created to help low-income people buy a house and its guaranteed rural housing loan program provides affordable home loans to moderate-income people.

Rural Development also administers a loan and grant program to help very low-income rural residents who have a home that needs repairs.

The funds can be used to improve or modernize a home or to remove health and safety hazards.

People in the Ruidoso area who are interested in the financial help can call Rural Development's Roswell office.

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