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Things To Do In August In Washtenaw County

by Tom Stachler,ABR,CDPE - Group One Realty Team

Summer is nearing an end. Good thing there is plenty of things to do in Washtenaw County for August to take advantage of the warmth and weather. Cities from Ypsilanti, Chelsea, Ann Arbor and Dexter are full of fun things to do. 

 

The Ton-Up | Ypsilanti

August 11, 12 – 7 p.m. | Arbor Brewing Company Microbrewery  

The Ton-Up is a motorcycle and music festival. This year is the tenth time this festival has came to Ypsilanti. This one-day event will bring vintage and custom motorcycles, scooters and mopeds to local music.. 

 

Paint Dexter Plein Air Festival | Dexter

August 12 – 17 | Monument Park

This is an outdoor event where local and out of town artists paint outside over the course of a long 4 day weekend. Afterwards, you are able to view and purchase artwork in the Tent Gallery. 

 

Ann Arbor Blues Festival | Ann Arbor

August 16 – 18 | Washtenaw Farm Council Fairgrounds

Since 1969, Blues lovers from all over came to the Washtenaw Farm Council Fairgrounds to sing and dance to Blues. This year is no different. Come re-live the blues glory days at this legendary event. Buy your tickets in advance. 

 

DIYpsi | Ypsilanti

August 24 – 25 | Arbor Brewing Company Microbrewery

DIYpsi is a famous art fair that takes place in, you may have guessed, Ypsilanti- once each summer and winter. Crafters sell handmade items of all kinds. Come out to support local vendors that make food, gifts, toys, and unique items. This year’s summer event features more than 90 vendors at ABC Microbrewery! 

Ann Arbor Triathlon | Dexter

August 3, 7:30 a.m. | Pinckney Recreation Area  

The Ann Arbor Triathlon is not for the weak. Participants do all three- running, biking and swimming. Starting at Halfmoon Lake in Pinckney State Recreation Area, you’ll swim the waters of Halfmoon, bike the country roads of the surrounding rural area, then run the 5-mile Poto Trail course to complete the challenge.

Ann Arbor Pride  I Ann Arbor

August 3rd 9 a.m. - August 4th 6 p.m.

Ann Arbor Pride has been promoting equality for LGBTQ for decades now. The event also donates all proceeds to the Jim Toy Community Center. The celebrations will take place in Kerrytown and will include food, music, fun, colorful clothing, and of course, pride. This year is the 25th anniversary, so special events will take place. 

Saline’s Summerfest | Saline

August 9 – 10 | Downtown Saline

Returning to the streets of Downtown Saline this month, Saline’s Summerfest is a hometown celebration like none other. In 2019, the event promises even more activities, attractions and amusements, but with all the local flare we’ve come to love.

 

Chelsea Community Fair | Chelsea

August 20 – 24 | Chelsea Community Fairgrounds

The Chelsea Community Fair is a beloved festival hat includes a rodeo, multiple tractor pulls, livestock competitions and auctions, demolition derbies, a local merchant tent, and more.

 

YpsiFest | Ypsilanti

August 23 – 25 | Riverside Park

In 2019, the Ypsilanti Heritage, Arts, and Entertainment Festival will be bigger and better than ever before. Over the course of three days, you can enjoy live trivia in the entertainment tent, daily helicopter rides, a kids’ area with bounce houses, pony rides and games, a classic car show, the Rubber Ducky Race, a BBQ competition and more.

 

Saline Community Fair | Saline

August 28 – September 1 | Washtenaw Farm Council Grounds

Every year, the Saline Community Fair brings together the community to celebrate Saline’s favorite activities, local vendors and organizations. This year’s event will feature tractor pulls, carnival rides, racing and derbies, rodeo presentations, livestock and animal competitions and so much more.

 

 



 

Tom Stachler is a licensed Broker and Builder marketing homes and properties in the Ann Arbor Michigan area.  Also search for properties, houses, and condos for sale in Saline, Dexter, Chelsea, Milan and the Ypsilanti real estate markets.  Check out the handy Links for realty related information and and MLS inventory access above. 

July Things To Do In Ann Arbor and Surrounding Areas

by Tom Stachler,ABR,CDPE - Group One Realty Team

Summer time in Washtenaw County is filled with lots of activities for families, friends, and children to partake in. We've rounded up some of the best activities during July 2019 that take place in Ann Arbor, Ypsilanti, and Chelsea.

 

 

Fourth of July Parade (July 4)

A long standing tradition is to enjoy  the Fourth of July in downtown Ann Arbor. The 27th annual 4th of July Parade hosted by the Ann Arbor starts at 10 a.m. The parade begins at the intersection of State and William streets. 

Chill by the pool in Ann Arbor (any day)

If you’re looking to cool down in water,  the city of Ann Arbor operates three outdoor pools: Buhr Park Outdoor Pool (2751 Packard Road), Fuller Park Pool (1519 Fuller Road) and Veterans Memorial Park Outdoor Pool (150 Jackson Ave.). You can Find Rates Here.

Rolling Sculpture Car Show (July 14)

For a Woodward Cruise-type of event, downtown Ann Arbor for the annual Rolling Sculpture Car Show is the event to attend. Last year’s show featured more than 300 exotic, antique, classic and concept cars.

The show is free to attend. Visit the city's website for more information.

The Ann Arbor News file photo

2017 Summer Beer Festival (July 21-22)

For local beer lovers, you can try samplings from more than 100 Michigan breweries, in addition to hearing live music at the annual Summer Beer Festival on July 21 and 22 in Ypsilanti’s Riverside Park.

This is one of four of Michigan Brewers Guild's festivals. For more information on the festival, or to purchase tickets, click the link.

Ann Arbor Art Fairs (July 20-23)

During one of the most popular events of the summer, the streets of downtown Ann Arbor are expected to be packed for one of the largest outdoor art fairs in the nation during the Ann Arbor Art Fairs.

Original works of art, street performances, culinary treats and a variety of sidewalk sales can be found during the annual event, which features four different art fairs from artists across the globe. This year's festival takes place from July 20 through 23. For more information, check out our blog on the event here.

Chelsea Sounds and Sights Festival (July 27-29)

Live music fills the streets of downtown Chelsea from 6:30 to 8:30 p.m. every Thursday, beginning June 8 through Aug. 17 during the Chelsea Sounds and Sights Festival.

The festival also features a weekend festival featuring live music, art, a car show, entertainment for children and more from July 27 through 29. For more information, visit the festival's website.

 

Ypsilanti's Best Restaraunts

by Tom Stachler,ABR,CDPE - Group One Realty Team

There are many great places to eat in Washtenaw County. For this post, we wanted to highlight the Ypsilanti restaurants. Check back to find highlights for Ann Arbor, Dexter, Chelsea, and other surrounding area places to eat, lounge, and have a great time.

Beezy’s Cafe

A quaint eatery with a motto of ‘simple, honest food,’ Beezy’s Cafe is the place to go for some good homemade, original eats. A colorful interior, complete with sunny yellow walls and exposed brick adorned with eclectic art, is welcoming to guests. The menu is made up of sandwiches on freshly baked bread, salads with house-made dressing, and comforting made-from-scratch soup.

Beezy’s Cafe, 20 N Washington St, Ypsilanti, MI, USA, +1 734 485 9625

Bill’s Drive-In

Bill’s Drive-In is hard to miss with its bright yellow exterior. A seasonal no-frills joint, Bill’s is iconic fixture on Ypsilanti’s dining scene, delighting guests with its tasty hot dog eats. There is no menu at Bill’s, just tasty hot dogs with a variety of toppings like chili. Bill’s is also known for their root beer. While the menu may be small, the flavors definitely are not.

Bill’s Drive-In, 1292 E Michigan Ave, Ypsilanti, MI, USA, +1 734 485 2831

 

Bomber Restaurant

Featured on the Food Network's 'Top Five Over Indulgences' for its Bomber Breakfast, you know that plate has got to be a hefty portion of deliciousness and that's right. It's one pound of ham, bacon, or sausage, and four eggs plus one pound of breakfast potatoes. The Bomber Restaurant is an aviation themed, mom-and-pop diner. For those who are not quite that hungry, the menu has an array of Home-style eats.

Bomber Restaurant, 306 E Michigan Ave, Ypsilanti, MI, USA, +1 734 482 0550

Bona Sera

Bona Sera is a charming restaurant specializing in eclectic global cuisine with Italian and Southern influences. The inviting interior features lofty ceilings, exposed brickwork often adorned with local art, and large picture windows allowing the light to flood in during the day. Bona Sera offers a host of seasonal comfort dishes that are sure to suit many tastes.

Bona Sera, 200 W Michigan Ave, Ypsilanti, MI, USA, +1 734 340 6335

Café Ollie

Located in Depot Town, the historic district in Ypsilanti, Café Ollie is a wonderful café adorned with bright colors and art-filled walls. The Rubenesque sandwich with house-made corned beef, stout-simmered sauerkraut, Swiss, and Thousand Island dressing and the Yardbirds On Fire mac ‘n’ cheese with Buffalo chicken and blue cheese are two enticing choices. They have delicious vegetarian options available as well.

Cafe Ollie, 42 E Cross St, Ypsilanti, MI, USA, +1 734 482 8050

Casablanca

Casablanca serves up delicious and authentic Moroccan and Mediterranean delicacies, and features an inviting interior decorated with Moroccan touches, adding to the wonderful culinary experience. The menu includes a variety of options with highlights being the bistilla, or layers of chicken and spicy omelet stuffing topped with fried almonds flavored with orange blossom water, powdered sugar plus cinnamon; and the vegetable tagine for those guests wanting something meat-free. Wash it all down with a refreshing Moroccan mint tea.

Casablanca, 2333 Washtenaw Ave, Ypsilanti, MI, USA, +1 734 961 7825

 

Dom Bakeries

Dom Bakeries is open 24 hours a day seven days a week. A family-owned and operated bakeshop, Fea and Ly Chov purchased this bakery in 1996. Using only the best ingredients, the bakery’s selection is endless with an array of sweet goodness, including custard-filled long johns, maple-glazed cinnamon rolls, and the ever-popular apple fritter.

Dom Bakeries, 1305 Washtenaw Rd, Ypsilanti, MI, USA, +1 734 485 3175

Hana Korean Restaurant

Hana Korean is the place to dine if your craving calls for some home-style Korean fare bursting with incredible flavors. The menu has vegetarian recipes such as the ya chae chap chae, or sweet potato noodles stir-fried with vegetables, and the chae sig deanjahng jikae, which is tofu and vegetable soup with bean sauce flavoring and rice. You’ll also find kanpoongki, or fried chicken wings in garlic sauce; kimchi jakae, or kimchi soup with pork and tofu; and kalbi, or traditional Korean BBQ beef short ribs.

Hana Korean Restaurant, 1346 E Michigan Ave, Ypsilanti, MI, USA, +1 734 483 2455

Red Rock Downtown Barbecue

Red Rock Downtown Barbecue is a great place to enjoy refreshing drinks and tasty eats. The relaxed feel of the interior is further enhanced by the exposed brickwork and use of dark woods throughout. The restaurant’s menu features everything from sandwiches to mac ‘n’ cheese and much more. The bar offers 20 beers on tap, ensuring that you’ll find something to complement the meal. Red Rock also has happy hour twice a day every day.

Red Rock Downtown Barbecue, 207 W Michigan Ave, Ypsilanti, MI, USA, +1 734 340 2381

Sidetrack Bar & Grill

Sidetrack Bar and Grill is a railroad-themed pub located in Depot Town. This happening establishment is always hopping with folks just looking to have some fun with friends and family and have a great night out on the town. The interior is warm with exposed brick, dark wood, and several taxidermied animals on the walls. As for the food, there are plenty of sharable plates, handcrafted, juicy burgers, sandwiches, and entrées like Yankee pot roast.

Sidetrack Bar & Grill, 56 E Cross St, Ypsilanti, MI, USA, +1 734 483 1490

 

Tom Stachler is a licensed Ann Arbor area real estate agent and broker also working real estate home and condo sales in the Saline, Dexter, Chelsea, Ypsilanti, Milan and many of the surrounding markets in both Washtenaw and Livingston County.  Please click on the inventory or MLS search tab above for the latest residentialincome and commercial realty property listings for sale.  

2500' HOME WITH ANN ARBOR SCHOOLS FOR JUST $299,000

by Tom Stachler,ABR,CDPE - Group One Realty Team

NEW GRANITE COUNTERS - Home BACKS TO PARK

LARGER LOVELY HOME FEATURING AN OPEN FLOOR PLAN WITH 4 BEDROOMS AND 2.5 BATHS. NEUTRAL COLORS THROUGHOUT THIS 2 STORY ENTRY HAS BEAUTIFUL HARDWOOD FLOORS IN THE KITCHEN AND BREAKFAST NOOK. HARDWOOD CABINETS THROUGHOUT AND JACUZZI TUB IN MASTER BATH.

THE LARGE DECK IN BACKYARD BACKS TO A WOODED FORMER GOLF COURSE WHICH IS NOW A CHILDRENS PARK HAVING SERENE PRIVATE VIEWS AND A WALKING/JOGGING TRAIL THAT IS PERFECT FOR OUTDOOR ENTERTAINING. YOU WILL SAVE WITH PITTSFIELD TOWNSHIP TAXES AND ENJOY THE AWARD WINNING ANN ARBOR SCHOOLS.  THIS HOME IS GREAT FOR COMMUTERS WITH EASY ACCESS TO BOTH US-23 AND I-94. 

PLEASE NOTE THE BEAUTIFUL LANDSCAPING ON THIS .25 ACRE LOT WITH IN-GROUND SPRINKLERS. EASY ACCESS TO ANN ARBOR AND OTHER COMMUNITIES EAST ALONG THE I-94 CORRIDOR FOR THOSE SPLIT COMMUTE FAMILIES.  

PLEASE CLICK HERE FOR PHOTOS AND DETAILS

 

 

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Autumn Festivities at Wiard's Orchards

by Tom Stachler,ABR,CDPE - Group One Realty Team

Autumn is here and that brings along with it the crisp mornings, mildly warm days, apple cider and family festivities!  This is the time of year that you can head out to Wiard’s Orchards and Country Fair for a fun, old-fashioned trip to the farm and pick up some pumpkins, cider, produce and also enjoy a long list of all kinds of other fun activities.

Before mentioning the fun events at the orchards, a bit of history about the farm is in order.  According to their website, Wiard’s was first established by George Wiard in 1837.  The original site of this cider mill and apple orchard was on Wiard Road, near what is now Willow Run Airport.  During World War II, a new bomber plant at Willow Run required Wiard’s to move to their current location.

The Cider Mill is has long been a cornerstone of Wiard’s and is still fully operational today.  They are still producing their delicious apple cider every fall, which all started from a recipe concocted by George Wiard in 1837.  Along with the Cider Mill, the Country Store and Farm Bakery are cooking up fantastic fresh pies, caramel apples, cider mill donuts and other pastries.  You can also find some specialty jams, jellies and salsas, as well as gifts for the kids.

If you’re looking for more than just a few delicious snacks and want to stay awhile on the farm, then purchase your ticket for Country Fair.  Here you’ll gain admission to much more of the outdoor entertainment! Everything from hayrides, kids’ playground, a corn maze, an animal petting farm, miniature golf, pony rides, in addition to many other exciting things to do!

For the kids that are 10 years and older, get ready to be spooked at the Night Terrors haunted attractions.  Every Friday and Saturday in September and October, you can head out to Wiard’s for some chilling adventures through 6 different haunted sites.  You can walk through the Ultimate Haunted Barn, or explore The Asylum.  Find your way through The Labrynth, take in the Alien Caged Clowns, explore The Mind Shaft, or take a ride on the Hayride of The Lost.  These haunted attractions are not meant for the little ones, so plan accordingly.

With so much going on at Wiard’s Orchards and Country Fair this time of year, this is a great place to visit several times before autumn turns into winter.  Find directions on their website and we hope to see you there!

6311 Oakhurst Dr. Ypsilanti, MI

by Tom Stachler,ABR,CDPE - Group One Realty Team

We have a new listing for Sale in Ypsilanti Township

Priced at 189,000 or Best offer.  4Bedroom/2.5Bath 1850 sq ft Home with Finished Basement and Updates.  Click this link Ypsilanti Real Estate for Sale for more information on this home.

Call us today for a showing appointment!

 

 

 

 

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Ypsilanti Public Library in Michigan

by Tom Stachler,ABR,CDPE - Group One Realty Team

LOOKING FOR INFORMATION ABOUT YPSILANTI TOWNSHIP ?

Check out the Ypsilanti Public Library

Watch this Video 

 

Click here to View properties and get more Area Information

3818 Century Ct, Ypsilanti, MI 48197

by Tom Stachler,ABR,CDPE - Group One Realty Team

3818 Century Ct, Ypsilanti, MI  48197

Pittsfield Township Taxes, Ann Arbor Schools.  

2600 square foot 4 Bedroom Home with 2.5 Baths.  This home backs to a common area in Palisades Subdivision.  Features include Granite kitchen counters, hardwood floors in master bedroom, family room and foyer leads to a stylishly updated powder room.  Located on a quiet cul du sac and close to shopping, parks and Freeway access making it a popular commuter area.

RECOMMEND VIEWING FULL SCREEN BY CLICKING THE FOUR ARROWS BOTTOM RIGHT CORNER. 720P HD RESOLUTION

2600' 4B$/2.5B home with plenty of hardwood floorS, granite counters along with an updated powder room. Located on quiet cul du sac and backs to subdivision common area for plenty of setback from the neighbors and space for the kids to play.

Call Listing agent Tom Stachler for more information at (734) 996-0000 or visit his website at www.TheRealtyTour.com

CLICK HERE FOR MORE HOME ON 3818 CENTURY COURT, PITTSFIELD TOWNSHIP, MI  48197

New Property Search System for Ann Arbor Real Estate

by Tom Stachler from Group One Realty Team - Real Est

This is our new MLS listings service packed FULL OF FEATURES!  

If this Page doesn't display full width, then just click on the link above titled "All MLS Listings" for a clean full page demonstration.  One you have a full page, then Add or delete areas by typing in the section bottom left and then hit search at the bottom for your results.  Thanks for your consideration Cool

 Rated ***** "Best Realty Search System Available"
Start by Adjusting Your Criteria, Price & Area - Move Quickly Thru Fields Using Tab Key
Next Hit Search at the Bottom for Your Results - Remember to Save Your Search for Automatic Updates
Click Map Icon or Property in Left Column Results for a Detailed Listing View (School Ratings,Mapping & WalkScores)

Economic Recovery Act Update FHA loan limits to Increase

by Group One Realty Team - Real Estate One

Mortgage Limits

You probably heard last night that the house of Representatives passed the American Recovery and Reinvestment Act of 2009 (i.e. the Stimulus Bill). 

The bill does include provisions to re-establish the 2008 mortgage limits for the remainder of 2009 for both FHA and Fannie Mae and Freddie Mac.   Accordingly, if and when the final Stimulus bill is passed,  the 2008 limits will be in effect again.  Barring an unexpected surprise, we expect this bill to pass by mid-February and the 2008 limits should be effective virtually  immediately. 

We do not think there is a significant risk in taking loan applications  at the higher limits w/ the appropriate qualifiers.  We would not recommend closing loans until the legislation passed.  

On reverse mortgage limits, the legislation appears to raise the maximum limits to as high as $625,500.

Rural Housing Service Funding

The bill also includes funding for the Rural Housing Service.  This funding will permit RHS to start guaranteeing loans again. 

Tax Credit Improvement

The bill also includes a provision that eliminates the repayment feature of the tax credit.  It still is for first-time homebuyers only.   NAR is working to improve this requirement in the Senate including having it expanded to include all purchasers.

A copy of  the mortgage limit and RHS provisions are provided below.

  SEC. 12002. FHA LOAN LIMITS FOR 2009.

(a) Loan Limit Floor Based on 2008 Levels- For mortgages for which the mortgagee issues credit approval for the borrower during calendar year 2009, if the dollar amount limitation on the principal obligation of a mortgage determined under section 203(b)(2) of the National Housing Act (12 U.S.C. 1709(b)(2)) for any size residence for any area is less than such dollar amount limitation that was in effect for such size residence for such area for 2008 pursuant to section 202 of the Economic Stimulus Act of 2008 (Public Law 110-185; 122 Stat. 620), notwithstanding any other provision of law, the maximum dollar amount limitation on the principal obligation of a mortgage for such size residence for such area for purposes of such section 203(b)(2) shall be considered (except for purposes of section 255(g) of such Act (12 U.S.C. 1715z-20(g))) to be such dollar amount limitation in effect for such size residence for such area for 2008.

(b) Discretionary Authority for Sub-Areas- Notwithstanding any other provision of law, if the Secretary of Housing and Urban Development determines, for any geographic area that is smaller than an area for which dollar amount limitations on the principal obligation of a mortgage are determined under section 203(b)(2) of the National Housing Act, that a higher such maximum dollar amount limitation is warranted for any particular size or sizes of residences in such sub-area by higher median Home prices in such sub-area, the Secretary may, for mortgages for which the mortgagee issues credit approval for the borrower during calendar year 2009, increase the maximum dollar amount limitation for such size or sizes of residences for such sub-area that is otherwise in effect (including pursuant to subsection (a) of this section), but in no case to an amount that exceeds the amount specified in section 202(a)(2) of the Economic Stimulus Act of 2008.

SEC. 12003. GSE CONFORMING LOAN LIMITS FOR 2009.

(a) Loan Limit Floor Based on 2008 Levels- For mortgages originated during calendar year 2009, if the limitation on the maximum original principal obligation of a mortgage that may purchased by the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation determined under section 302(b)(2) of the Federal National Mortgage Association Charter Act (12 U.S.C. 1717(b)(2)) or section 305(a)(2) of the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1754(a)(2)), respectively, for any size residence for any area is less than such maximum original principal obligation limitation that was in effect for such size residence for such area for 2008 pursuant to section 201 of the Economic Stimulus Act of 2008 (Public Law 110-185; 122 Stat. 619), notwithstanding any other provision of law, the limitation on the maximum original principal obligation of a mortgage for such Association and Corporation for such size residence for such area shall be such maximum limitation in effect for such size residence for such area for 2008.

(b) Discretionary Authority for Sub-Areas- Notwithstanding any other provision of law, if the Director of the Federal Housing Finance Agency determines, for any geographic area that is smaller than an area for which limitations on the maximum original principal obligation of a mortgage are determined for the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation, that a higher such maximum original principal obligation limitation is warranted for any particular size or sizes of residences in such sub-area by higher median home prices in such sub-area, the Director may, for mortgages originated during 2009, increase the maximum original principal obligation limitation for such size or sizes of residences for such sub-area that is otherwise in effect (including pursuant to subsection (a) of this section) for such Association and Corporation, but in no case to an amount that exceeds the amount specified in the matter following the comma in section 201(a)(1)(B) of the Economic Stimulus Act of 2008.

SEC. 12004. FHA REVERSE MORTGAGE LOAN LIMITS FOR 2009.

For mortgages for which the mortgagee issues credit approval for the borrower during calendar year 2009, the second sentence of section 255(g) of the National Housing Act (12 U.S.C. 171520(g)) shall be considered to require that in no case may the benefits of insurance under such section 255 exceed 150 percent of the maximum dollar amount in effect under the sixth sentence of section 305(a)(2) of the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1454(a)(2)).

 Rural Housing Service

 rural housing insurance fund program account

(including transfers of funds)

For an additional amount of gross obligations for the principal amount of direct and guaranteed loans as authorized by title V of the Housing Act of 1949, to be available from funds in the rural housing insurance fund, as follows: $22,129,000,000 for loans to section 502 borrowers, of which $4,018,000,000 shall be for direct loans, and of which $18,111,000,000 shall be for unsubsidized guaranteed loans.

For an additional amount for the cost of direct and guaranteed loans, including the cost of modifying loans, as defined in section 502 of the Congressional Budget Act of 1974, as follows: section 502 loans, $500,000,000, of which $270,000,000 shall be for direct loans, and of which $230,000,000 shall be for unsubsidized guaranteed loans.

In addition to other available funds, the Secretary of Agriculture may use not more than 3 percent of the funds made available under this account for administrative costs to carry out loans and loan guarantees funded under this account, of which $1,750,000 will be committed to agency projects associated with maintaining the compliance, safety, and soundness of the portfolio of loans guaranteed through the section 502 guaranteed loan program: Provided, These funds shall be transferred and merged with the appropriation for `Rural Development, Salaries and Expenses': Provided further, That the authority provided in this paragraph shall apply to appropriations under this heading in lieu of the provisions of section 1106 of this Act.

Funds appropriated by this Act to the Rural Housing Insurance Fund Program account for section 502 direct loans and unsubsidized guaranteed loans may be transferred between these programs: Provided, That the Committees on Appropriations of the House of Representatives and the Senate shall be notified at least 15 days in advance of any transfer.

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