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 near Gadsden to repair, improve, or modernize their homes. Loans up to $40,000 at 1% fixed interest with 20-year repayment term for health and safety improvements.

Loan amount based on need and repayment ability, fixed 1% interest rate over 20 years

Key Details

  • Loan up to $40,000 at 1% fixed interest
  • 20-year repayment term
  • Very low income required (50% AMI or below)
  • For rural/eligible areas near Gadsden
  • Must be unable to obtain affordable credit elsewhere

How to Apply

Get free help applying Visit Official Program Page Track this program

(334) 242-1550

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

Deadline: Applications accepted year-round

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Get matched with a pro, free Browse Gadsden, AL contractors

Find More Programs in Gadsden, AL

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs