USDA Section 504 Home Repair Loan & Grant

U.S. Department of Agriculture Rural Development

Available Home Repair

About This Program

USDA program providing loans and grants to very-low-income homeowners in eligible rural areas near Bloomington to repair, improve, or modernize their homes. Grants up to $27,500 available for seniors (62+) to remove health and safety hazards. Loans up to $40,000 at 1% interest for 20 years.

Grant for seniors 62+; loan at 1% interest for others; amounts combined if eligible

Key Details

  • Loans and grants for rural homeowners near Bloomington
  • Grants up to $27,500 for seniors 62+ to remove hazards
  • Loans up to $40,000 at 1% interest for 20 years
  • Income at or below 50% AMI
  • Must be in USDA-eligible rural area

How to Apply

Get free help applying Visit Official Program Page Track this program

(317) 290-3100

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Deadline: Rolling applications

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