USDA Section 504 Home Repair Loan

USDA Rural Development

Available Home Repair

About This Program

Low-interest loans for very low-income homeowners in eligible rural areas of Bartholomew County to repair, improve, or modernize their homes. Loans at 1% interest for up to 20 years. Must be unable to obtain affordable credit elsewhere.

1% fixed interest loan, monthly payment based on 20-year term

Key Details

  • Low-interest (1%) loan up to $40,000
  • For very low-income rural homeowners
  • 20-year repayment term
  • Covers major home repairs and improvements
  • Must be unable to obtain affordable credit elsewhere

How to Apply

A grant-savvy contractor in Columbus, IN 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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