USDA Section 504 Home Repair Loan & Grant

About This Program

USDA Rural Development's Section 504 program offers grants up to $10,000 for seniors age 62 and older to remove health and safety hazards, and 1% interest loans up to $40,000 for income-qualified rural homeowners. Certain areas outside Anchorage's urban core may qualify as rural. Verify your address at the USDA Eligibility Site.

Grants: $10,000 lifetime limit for seniors 62+. Loans: 1% interest over 20 years. Combined up to $50,000. Check USDA eligibility map — some Anchorage-area communities qualify.

Key Details

• Up to $10,000 grant for seniors 62+ to remove health/safety hazards
• Up to $40,000 loan at 1% for qualifying low-income homeowners
• Must verify rural area eligibility at eligibility.sc.egov.usda.gov
• Combine loan and grant for up to $50,000 total
• Contact USDA Rural Development Alaska: 907-761-7705

How to Apply

Deadline: Rolling