Finance
In New York, a 'USDA Rural Development loan' is available for properties located in:
AOnly Manhattan and the outer boroughs of NYC
BRural and certain suburban areas designated by the U.S. Department of Agriculture as eligible✓ Correct
CAny area with a population below 500,000
DAll of upstate New York only
Explanation
USDA Rural Development (Section 502) loans are available for properties in areas designated as rural or rural in character by the USDA. Many areas of upstate New York, Long Island's east end, and suburban areas outside major cities may qualify.
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