USDA Section 504 Home Repair Loan

USDA Rural Development

Available Home Repair

About This Program

Low-interest loans up to $40,000 for very low-income homeowners in eligible rural areas to repair, improve, or modernize their homes. Loans at 1% interest for up to 20 years. Grants up to $10,000 available for homeowners 62+ to remove health and safety hazards.

1% interest loan up to $40,000, plus potential $10,000 grant for seniors

Key Details

  • Up to $40,000 at 1% interest for 20 years
  • Additional grants up to $10,000 for age 62+
  • Very low income required (50% AMI or below)
  • Must be in eligible rural area
  • Repairs must remove health/safety hazards

How to Apply

A grant-savvy contractor in Alabaster, AL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Rolling applications

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Alabaster, AL

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