USDA Section 504 Home Repair Program

About This Program

Low-interest loans and grants for very low-income homeowners in eligible rural areas to repair, improve, or modernize homes. Grants up to $10,000 available for homeowners age 62+ to remove health and safety hazards.

Grant for seniors 62+; loan for others, 1% interest, 20 years

Key Details

• Loans up to $40,000 at 1% interest, 20-year term
• Grants up to $10,000 for homeowners 62+
• Income must be very low (50% AMI or below)
• Must be in eligible rural area
• Repairs must remove health/safety hazards

How to Apply

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

Deadline: Applications accepted year-round