USDA Section 504 Home Repair Loan

USDA Rural Development

Available Home Repair

About This Program

USDA program offering low-interest loans up to $40,000 for repairs to owner-occupied homes in eligible rural areas near Cleveland. Loans available at 1% fixed interest rate for up to 20 years for very low-income homeowners to remove health and safety hazards.

Loan at 1% interest, monthly payment based on 20-year term

Key Details

  • Loan up to $40,000 at 1% fixed interest
  • For eligible rural areas near Cleveland
  • Income at or below 50% AMI
  • 20-year repayment term
  • Removes health and safety hazards

How to Apply

A grant-savvy contractor in Cleveland, 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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