USDA Section 504 Home Repair Loans & Grants

About This Program

Loans (1% interest, 20-year term) up to $40,000 for very-low-income homeowners to repair, improve, or modernize homes in eligible rural areas. Grants up to $10,000 (age 62+ only) to remove health/safety hazards. Combined loan+grant up to $50,000. Most rural portions of Montgomery County may qualify — verify address on USDA eligibility map. Dayton city proper typically NOT eligible.

Rural area only; very-low income; age 62+ for grants

Key Details

• Loan: up to $40,000 at 1% fixed interest, 20-year term
• Grant: up to $10,000 for age 62+ to remove health/safety hazards
• Combined loan + grant: up to $50,000
• Property must be in USDA-eligible rural area — verify at eligibility.sc.egov.usda.gov
• Ohio USDA Rural Development: 614-255-2400 (Columbus office)

How to Apply

Deadline: Year-round through USDA Rural Development Ohio office