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 their homes. Repayment term up to 20 years at 1% interest. Hereford qualifies as a rural area for USDA purposes.

Loan amount based on needed repairs and ability to repay at 1% interest

Key Details

  • 1% fixed interest rate for up to 20 years
  • Maximum loan amount $40,000
  • Must be very low income (50% AMI or below)
  • Owner-occupied home in rural Hereford area
  • Remove health and safety hazards

How to Apply

A grant-savvy contractor in Hereford, TX 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.

Find More Programs in Hereford, TX

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