USDA Section 504 Home Repair Loan

USDA Rural Development

Available Home Repair

About This Program

Low-interest loan for very low-income homeowners in rural areas including Iowa Park to repair, improve, or modernize their homes. Loans have a 20-year repayment term at 1% interest for households unable to obtain affordable credit elsewhere.

Loan amount based on repair needs and repayment ability

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

Key Details

  • 1% interest loan for very low-income homeowners
  • Up to $40,000 for home repairs and improvements
  • 20-year repayment term
  • Must be in rural area (Iowa Park qualifies)
  • Cannot obtain affordable credit elsewhere

How to Apply

A grant-savvy contractor in Iowa Park, TX 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 Iowa Park 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: Rolling applications

Questions about this program?

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

Email us about this program

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 Iowa Park, TX

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs