USDA Section 504 Home Repair Loan

USDA Rural Development

Available Home Repair

About This Program

Low-interest loans up to $40,000 for repairs to make homes safe and sanitary in eligible rural areas near Chattanooga. Available to very low-income homeowners who cannot obtain affordable credit elsewhere.

Low-interest loan at 1% fixed rate, 20-year term

Key Details

  • Loan up to $40,000 at 1% interest
  • Available in eligible rural areas near Chattanooga
  • Income at or below 50% AMI required
  • 20-year repayment term
  • Must be unable to obtain affordable credit

How to Apply

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

Deadline: Rolling applications

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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