USDA Section 504 Home Repair Loan

USDA Rural Development

Available Home Repair

About This Program

USDA offers low-interest loans up to $40,000 for very low-income homeowners in eligible rural areas to repair, improve, or modernize their homes. Interest rate is 1% with up to 20-year repayment term.

1% interest loan with up to 20-year repayment; rural area eligibility required

Key Details

  • Low-interest loan up to $40,000
  • 1% fixed interest rate
  • Up to 20-year repayment term
  • Must be in USDA-eligible rural area
  • Income at or below 50% AMI required

How to Apply

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

Deadline: Ongoing program

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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