Why does USDA Rural Development do this? USDA Rural Developmentâs Section 502 Direct Loan Program provides a path to homeownership for low- and very-low-income families living in rural areas, and families who truly have no other way to make affordable homeownership a reality.
Shanty town is a part of large cities where poor people live in home-built shacks, often with no electricity or water. - A part of many 3 world cities in Africa and south America.
As the Depression worsened and millions of urban and rural families lost their jobs and depleted their savings, they also lost their homes. Desperate for shelter, homeless citizens built shantytowns in and around cities across the nation. These camps came to be called Hoovervilles, after the president.