USDA Section 504 Home Repair Loan

USDA Rural Development

Available Home Repair

About This Program

Very low-interest loans (1%) for low-income homeowners in eligible rural areas to repair, improve, or modernize their homes. Loans up to $40,000 with 20-year terms.

Low-interest loan at 1% for up to 20 years

Key Details

  • Loans up to $40,000 at 1% interest
  • 20-year repayment term available
  • Income at or below 50% area median
  • Must be in eligible rural area (check with USDA)
  • Cannot obtain affordable credit elsewhere

How to Apply

Get free help applying Visit Official Program Page Track this program

(205) 670-3050

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

Deadline: Rolling applications

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