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. Loans up to $40,000 at 1% interest for 20 years to remove health and safety hazards or make essential repairs.

Loan amount based on repair needs and repayment ability, 1% interest

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

Key Details

  • Loan up to $40,000 at 1% interest for 20 years
  • Must be in rural area and owner-occupied
  • Income at or below 50% AMI required
  • Remove health/safety hazards or modernize home
  • Cannot have other affordable credit available

How to Apply

A grant-savvy contractor in Lewisville, AR 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 Lewisville 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?

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Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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