USDA Section 504 Home Repair Loan & Grant

About This Program

Provides loans and grants to very-low-income homeowners in rural areas to repair, improve, or modernize their homes. Grants of up to $10,000 are available for seniors (62+) to remove health and safety hazards. Loans up to $40,000 at 1% interest for 20 years.

Senior homeowners may qualify for grant; others receive 1% loan

Key Details

• Loan up to $40,000 at 1% interest for 20 years
• Grant up to $10,000 for seniors 62+ to remove hazards
• Very low income requirement (50% AMI or below)
• Must own and occupy home in rural area
• Covers health, safety, and accessibility repairs

How to Apply

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

Deadline: Year-round applications