USDA Rural Development Loan Application Packaging Training for Indigenous Organizations 040924
Event Date & Time4/9/2024 8:00 AM - 4/11/2024 5:00 PM
Venue information coming soon!
Times listed are Mountain Time
Santa Ana Pueblo, New Mexico
USDA Rural Development Loan Application Packaging Training for Indigenous Organizations
Certificate of completion will be available at the conclusion of the training for those who have full attendance and participation in the 3-day course.
This is the standard three-day in-person training for USDA 502 Direct Loan Application Packaging, with additional sessions and networking space for those working with Indigenous communities and individuals. The additional sessions and networking are being developed from input from possible participants. These sessions may include a session on Monday, April 8th in the afternoon and Friday , April 12th in the morning. These additional sessions, especially on Monday and Friday are not required for completion of the USDA 502 Direct Loan Application Packaging Training, please complete your availability and interest through the registration process. One topic will include the process for application and approval for USDA 502 Direct for applicants with tribal land leases.
This is an advanced course that covers RD’s Section 502 direct loan program and provides invaluable insight into how this homeownership financing resource can be used in your communities. Learn how your organization can assist potential borrowers and work in partnership with RD staff in your state to deliver successful Section 502 loan packages. Through this course, designed for those experienced in using Section 502, participants will learn the regulations and practical applications of the loan program. Participants will develop a strong understanding of 502 direct underwriting and packaging standards, which will ensure that submitted loan dockets are complete and ready for processing. For those new to the USDA 502 Direct Program, RCAC will direct you to resources before the course to provide a basic understanding of the program in preparation to the start of class.
This course and the online exam are two of the criteria required to becoming a 502 Direct Certified Loan Packager. Additional information on the USDA 502 Direct Certified Loan Packaging Process can be found here.
Certified Packagers must be employed (employee or independent contractor) by a qualified employer. Qualified employers are affordable housing nonprofit organization, public agency, tribal housing authority, or State Housing Finance Agency that meets the requirements of § 3550.75 (b)(2). Qualified Employers also need to be involved in the 502 direct program certified loan application packaging process. For information on the 502 Direct Certified Packaging Process and associated packaging fees, download this document.
But most importantly participants who attend this three-day training and pass the on-line exam will be better equipped to package 502 loan applications on behalf of parties seeking USDA-RD assistance. The course is also excellent for Mutual Self-Help Housing grantees who want to build their skills in packaging loans for participating households.
Participants must attend all 3 days as a requirement to be able to take the certification exam
If this course offering does not fit with your schedule, additional course options can be found here.
This training will be hosted at the following address:
Venue information coming soon!
Santa Anna Pueblo, New Mexico
Santa Ana Star Casino Hotel
54 Jemez Canyon Dam Road
Santa Ana Pueblo, New Mexico 87004
A room block is available for the first 30 attendees at the rate of $119 plus applicable taxes and fees. To reserve, call 1-844-466-2378 and mention code BKG366 by March 25th. Attendees are responsible for managing cancellations and changes. Fees will apply if cancellations are not made 72 hours prior to arrival date.
Scholarship & Fees:
The fee to attend this 3-day training is $750.
Register before March 15, 2024 to receive an early bird discount fee of $700.
Payment will be due at the time of registration.
There is a $50.00 dollar processing fee for those who cancel before April 1, 2024.
No refunds will be issued after April1, 2024.
Scholarships are available for those Indigenous organizations within RCAC's 13-state region.
The deadline to apply for a scholarship is February 23, 2024.
Please apply for a scholarship prior to registering if one is required for your attendance.
Scholarship approvals will be made on February 26, 2024.
Scholarship acceptance, required documentation and complete registration will be due March 4th.
To apply for scholarship, please complete this form.
For course and scholarship questions, contact:
Additional sessions for USDA 502 Direct on Indigenous land are being developed. Please select your interest and availability for these additional sessions during your registration and we will provide information as these are developed. For the Monday and Friday options, please select your choice to attend based on your travel time and flight options.
Registration deadline is 4/8/2024 or when the course capacity has been reached.
This course fills quickly, so register early!
Welcome Back to onsite trainings! At the present time, masks are optional at all RCAC training events.
For registration questions, contact:
(916) 447-9832 ext. 1429
By registering for an RCAC event, you acknowledge and agree to abide by the code of conduct set forth by RCAC for training participants, which is available here. RCAC Training Code of Conduct. Please read the code of conduct carefully before proceeding with the registration process.