USDA Section 504 Home Repair Loan & Grant

USDA Rural Development

Available Home Repair

About This Program

USDA program providing low-interest loans up to $40,000 and grants up to $10,000 for repairs to make homes safe and sanitary in eligible rural areas. Grants available only to homeowners age 62+ who cannot afford loan repayment. Income must be very low (below 50% AMI).

Grant for seniors 62+; loan with 1% interest for others; typical combined package

Key Details

  • Loan up to $40,000 at 1% interest (20 years)
  • Grant up to $10,000 for seniors 62+
  • For rural areas outside city limits
  • Very low income required (below 50% AMI)
  • Repairs must address health/safety hazards

How to Apply

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

Deadline: Year-round 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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