USDA Section 504 Home Repair Loan & Grant

About This Program

USDA offers low-interest loans up to $40,000 and grants up to $10,000 for very low-income homeowners age 62+ in eligible rural areas near Hope Mills. Funds repair health and safety hazards, accessibility improvements, and essential home systems. Grant portion does not require repayment.

Combines grant (no repayment) and 1% loan; seniors 62+ may qualify for grant-only

Key Details

• Grant up to $27,500 + loan up to $40,000
• Very low-income homeowners age 62+ qualify for grants
• 1% interest rate on loan portion
• Eligible rural areas near Hope Mills
• Covers health/safety hazards and accessibility

How to Apply

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

Deadline: Applications accepted year-round, subject to funding