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1.5.7.1 Overview

Significant Law Change

The USDA’s website has a page entitled Rural Development Disaster Assistance.198 This page lists the various types of assistance available for loan borrowers who are impacted by a disaster and have a RD Single Family Housing Direct loan. This page advises guaranteed loan borrowers in Rural Development areas to contact their lenders immediately (“[y]our lender will work closely with you on alleviating all matters regarding your situation”), file an insurance claim, and apply for disaster assistance available through FEMA, or state or local government.199

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