USDA Section 504 Home Repair Loan

About This Program

Very low-interest loans (1%) for very-low-income homeowners in eligible rural areas near Andover to repair, improve, or modernize homes. While Andover itself may not qualify, nearby eligible rural areas in Essex County do. Must be owner-occupied and income at or below 50% area median.

Typical home repair loan at 1% interest for very-low-income rural homeowner

Key Details

• Very low-interest loans (1%) up to $40,000
• For very-low-income homeowners in eligible rural areas
• Andover may not qualify; nearby rural Essex County areas do
• Income at or below 50% area median required
• Must be owner-occupied, cannot be rental property

How to Apply

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

Deadline: Year-round, subject to funding availability