USDA Section 504 Home Repair Loan

USDA Rural Development

Available Home Repair

About This Program

Low-interest loan program for very low-income rural homeowners to repair, improve, or modernize homes. Interest rate is 1% with up to 20-year terms. Can be combined with the Section 504 grant for seniors.

Low-interest loan at 1% annual rate, 20-year maximum term

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Low-interest loan up to $40,000 at 1% rate
  • Very low-income homeowners in rural areas
  • 20-year repayment term available
  • Can combine with $10,000 grant if age 62+
  • For repairs, improvements, or modernization

How to Apply

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

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Grants Pass early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Deadline: Applications accepted year-round

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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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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