USDA Section 504 Home Repair Loan & Grant

About This Program

Federal loan and grant program for very low-income rural homeowners to repair, improve, or modernize their homes. Seniors 62+ may qualify for grant funds up to $10,000 to remove health and safety hazards. Loans at 1% interest for up to 20 years.

Combination of loan and grant; seniors 62+ can receive up to $10,000 grant plus low-interest loan

Key Details

• Up to $40,000 loan at 1% interest for 20 years
• Up to $10,000 grant for seniors 62+ to remove hazards
• Very low-income homeowners in rural areas
• Covers repairs, accessibility, health/safety improvements
• Must be unable to obtain affordable credit elsewhere

How to Apply

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

Deadline: Rolling applications year-round