USDA Section 504 Home Repair Program

USDA Rural Development

Available Home Repair

About This Program

Provides low-interest loans and grants to very-low-income homeowners in eligible rural areas to repair, improve, or modernize their homes, or to remove health and safety hazards. Seniors 62+ may qualify for grants up to $10,000 that do not need to be repaid.

Grant available for seniors 62+, otherwise 1% interest loan; amount based on income and repairs needed

Key Details

  • Loans up to $40,000 at 1% interest
  • Grants up to $10,000 for seniors 62+ (no repayment)
  • Must be very low income (50% AMI or below)
  • For eligible rural areas near Ames
  • Covers health, safety, and accessibility repairs

How to Apply

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

Deadline: Applications accepted year-round

Need a Contractor for This Grant?

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

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