USDA Section 504 Home Repair Loan

USDA Rural Development

Available Home Repair

About This Program

Low-interest loans up to $40,000 at 1% fixed rate for very low-income homeowners in eligible rural areas to repair, improve, or modernize their homes. 20-year repayment term. Can be combined with Section 504 grant.

Loan amount based on repair needs and ability to repay, up to $40,000

Key Details

  • Up to $40,000 at 1% fixed interest
  • 20-year repayment term
  • For very low-income homeowners
  • Rural/eligible areas only
  • Can combine with $10,000 grant if 62+

How to Apply

Get free help applying Visit Official Program Page Track this program

(507) 431-6820

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Deadline: Applications accepted year-round

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