USDA Section 504 Home Repair Loan & Grant

USDA Rural Development

Available Senior & Disability

About This Program

Low-interest loans and grants for very-low-income homeowners age 62+ to repair or improve their homes, remove health and safety hazards, or make accessibility modifications. Loans at 1% interest for up to 20 years; grants up to $10,000 for seniors 62+ who cannot repay a loan.

Combined loan and grant package; seniors may receive up to $10,000 grant plus low-interest loan, typical package $25,000

Key Details

  • Loans up to $40,000 at 1% interest
  • Grants up to $10,000 for seniors 62+
  • Income below 50% AMI required
  • Must be unable to obtain affordable credit
  • Owner-occupied homes only

How to Apply

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

Deadline: Rolling applications, subject to annual funding

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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