USDA Section 504 Home Repair Loan Program

About This Program

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

Loan amount based on repair needs and repayment ability at 1% interest

Key Details

• Loans up to $40,000 at 1% fixed interest
• 20-year repayment term
• Income at or below 50% AMI required
• Must be in eligible rural area (check with USDA)
• For repairs, accessibility, and energy efficiency

How to Apply

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

Deadline: Applications accepted year-round