USDA Section 504 Home Repair Loan & Grant

USDA Rural Development

Available Senior & Disability

About This Program

USDA provides low-interest loans up to $40,000 and grants up to $10,000 for very low-income homeowners age 62+ to repair, improve, or modernize their homes or remove health and safety hazards. Combination of loan and grant available.

Estimated value combines typical loan and grant amounts for qualifying seniors

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Loans up to $40,000 at 1% interest for 20 years
  • Grants up to $10,000 for homeowners 62+
  • Must be very low-income and unable to get credit
  • Removes health and safety hazards
  • May be available in portions of Shelby County

How to Apply

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

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Collierville early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Deadline: Rolling applications

Questions about this program?

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Need a Contractor for This Grant?

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

Find More Programs in Collierville, TN

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