USDA Section 504 Home Repair Grants & Loans

About This Program

USDA program for very low-income homeowners age 62+ in eligible rural areas to repair, improve, or modernize their homes or remove health and safety hazards. Grants do not require repayment; loans at 1% interest for up to 20 years. Bolingbrook is not typically eligible, but adjacent rural Will County areas may qualify.

Grant up to $27,500 for seniors 62+; or loan up to $40,000 at 1% interest

Key Details

• Grant up to $27,500 or loan up to $40,000
• Must be 62+ for grant; very low income required
• For eligible rural areas (Bolingbrook typically not eligible)
• Covers health and safety hazards, repairs, accessibility
• Loans at 1% interest for up to 20 years

How to Apply

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

Deadline: Applications accepted year-round, subject to funding