USDA Section 504 Home Repair Loan & Grant

About This Program

USDA program for very-low-income rural homeowners age 62+ to repair, improve, or modernize homes or remove health and safety hazards. Combines low-interest loans with grants for those who cannot repay a loan.

Grant portion (up to $10k) for seniors 62+; loan at 1% interest for up to 20 years

Key Details

• Loans up to $40,000 at 1% interest for 20 years
• Grants up to $10,000 for seniors 62+ unable to repay
• Very low income required (50% AMI or below)
• Must be in a qualified rural area
• Covers health/safety hazards and accessibility

How to Apply

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

Deadline: Ongoing, apply through local USDA office