{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Spring Street Brief","title":"Episode 180: USDA RD Updates Section 538 and Launches Preservation Pilot","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/723b71a8\"></iframe>","width":"100%","height":180,"duration":199,"description":"USDA Rural Development has updated the Section 538 Guaranteed Loan Program and launched a new Multifamily Housing Preservation Pilot, effective October 9, 2026, through September 25, 2028. For LIHTC developers, lenders, and syndicators active in rural markets, these changes signal a deliberate effort to reduce deal friction and accelerate preservation of aging USDA-assisted stock — with a two-year pilot window to prove it out. Key Takeaways: The Multifamily Housing Preservation Pilot is effective October 9, 2026 and expires September 25, 2028 — a roughly two-year window to execute...","thumbnail_url":"https://img.transistorcdn.com/eww4KoCb2-o7-dD11A42DpSkBhZjKNEkIb9mGj3dsyg/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81YWNi/MGVlZjVhN2FjYzBk/NDY5YWEyOTA3MWMw/MWViZS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}