USDA Section 504 Home Repair Program

About This Program

Provides loans up to $40,000 and grants up to $10,000 for very low-income homeowners to repair, improve, or modernize their homes. Grants available only to homeowners age 62+ who cannot repay a loan. Some areas of Boone County may be eligible.

Grant (62+) or low-interest loan for home repairs

Key Details

• Loans up to $40,000, grants up to $10,000
• Grants only for homeowners 62+ years old
• Income at or below 50% AMI required
• Must be in eligible rural or suburban area
• 1% interest on loans, 20-year term

How to Apply

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

Deadline: Rolling applications, subject to funding