USDA Section 504 Home Repair Loan & Grant

About This Program

USDA Section 504 provides low-interest loans and grants for very low-income homeowners in eligible rural areas to repair, improve, or modernize their homes. Seniors 62+ may qualify for grants up to $10,000 for accessibility and safety improvements.

Senior grant portion ($10,000 max) does not require repayment; loan at 1% interest for up to 20 years

Key Details

• Very low-income homeowners in eligible rural areas
• Loans up to $40,000 at 1% interest for 20 years
• Grants up to $10,000 for seniors 62+ for accessibility
• Must be unable to obtain credit elsewhere
• Check USDA eligibility map for qualifying addresses

How to Apply

A grant-savvy contractor in Chanhassen, MN 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