USDA Section 504 Home Repair Loan

USDA Rural Development

Available Home Repair

About This Program

Provides low-interest (1%) loans up to $40,000 for very low-income homeowners in eligible rural areas to repair, improve, or modernize their homes. Available to homeowners who cannot obtain affordable credit elsewhere and are 62 or older or unable to repay a loan.

Low-interest loan at 1% fixed rate over 20 years

Key Details

  • Loan up to $40,000 at 1% interest
  • Very low income required (50% AMI or below)
  • Must be in USDA-eligible rural area
  • 20-year repayment term
  • Available when other credit unavailable

How to Apply

Get free help applying Visit Official Program Page Track this program

(315) 477-6437

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

Deadline: Rolling applications 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 Glens Falls, NY contractors

Find More Programs in Glens Falls, NY

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

See All Programs