USDA Section 504 Home Repair Loan

USDA Rural Development

Available Home Repair

About This Program

Low-interest loans up to $40,000 for very-low-income homeowners in eligible rural areas of Montgomery County to repair, improve, or modernize their homes. Interest rate as low as 1% with 20-year repayment terms.

Loan amount based on repair needs and repayment ability at 1% interest

Key Details

  • Loans up to $40,000 at 1% interest
  • 20-year repayment terms available
  • Must be in eligible rural area
  • Income at or below 50% AMI required
  • Owner-occupied homes only

How to Apply

Deadline: Rolling applications year-round

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