USDA Section 504 Home Repair Loan

About This Program

Provides low-interest loans to very-low and low-income homeowners in eligible rural areas to repair, improve, or modernize their homes. Loans up to $40,000 at 1% interest with repayment terms up to 20 years.

Loan amount based on repair needs and income, repaid at 1% interest over up to 20 years

Key Details

• Low-interest loan (1%) up to $40,000 for home repairs
• Must be in eligible rural area (check address)
• Income at or below 80% area median income
• Repayment terms up to 20 years
• Available for owner-occupied single-family homes

How to Apply

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

Deadline: Rolling applications year-round