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An agency of the U.S. Department of Agriculture Rural Development that makes financing available in primarily rural areas for the purchase, repair, and rehabilitation of housing occupied by low- to moderate-income families and senior citizens.

True
False

1 Answer

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Final answer:

The statement regarding the U.S. Department of Agriculture Rural Development's financial assistance for housing in rural areas is true. They offer support for low- to moderate-income families and senior citizens as part of federal income security programs.

Step-by-step explanation:

The statement is true. An agency within the U.S. Department of Agriculture Rural Development does indeed offer financial assistance for housing in primarily rural areas, aimed at low- to moderate-income families and senior citizens. This assistance is part of a suite of federal income security programs funded through departments such as Health and Human Services, Agriculture, and Housing and Urban Development (HUD). These programs are designed to provide support in various forms, such as subsidized housing, amongst others, and collectively they play a pivotal role in aiding those in need to secure housing.

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