FederalHousing
USDA Rural Housing Repair Loans and Grants (Section 504)
Low-interest loans and grants to repair or improve rural homes for very low-income homeowners.
About This Program
The USDA Section 504 Home Repair program provides loans up to $40,000 at 1% interest and grants up to $10,000 to very low-income rural homeowners to repair, improve, or modernize their homes. Grants are available to homeowners age 62 and older who cannot repay a loan.
Eligibility Requirements
| Income | Below 50% area median income |
| Other | Own and occupy the home |
| Other | Property located in an eligible rural area |
| Other | Grants require age 62+ |
Eligibility requirements may have changed. Verify at the official source before applying.