USDA Section 504 Home Repair Loan & Grant

About This Program

Provides loans (up to $40,000 at 1% fixed interest over 20 years) and grants (up to $10,000 lifetime, age 62+ only) to very-low-income homeowners in eligible rural areas to repair or modernize homes and remove health and safety hazards. Loans and grants can be combined for up to $50,000 total. Note: Most of Atlanta proper is not USDA-eligible; check property eligibility at rd.usda.gov.

Grants are free; loans at 1% over 20 years. $50k max combined. Verify rural eligibility before applying.

Key Details

• Property must be in a USDA-eligible rural area — verify at eligibility.sc.egov.usda.gov
• Income at or below 50% AMI (Very Low Income limit)
• Grants ($10,000 lifetime) limited to homeowners age 62+
• Loans: 1% fixed rate over 20 years, up to $40,000
• Georgia Rural Development office: 706-552-2541 | State: 706-546-2162

How to Apply

Deadline: Ongoing — contact Georgia Rural Development office