USDA Section 504 Home Repair Program

About This Program

USDA program offering low-interest loans and grants to very-low-income rural homeowners (including areas around Richmond) to repair, improve, or modernize homes or remove health and safety hazards. Seniors 62+ may qualify for grants up to $10,000.

Grant or 1% interest loan depending on age and income

Key Details

• Low-interest loans up to $40,000 at 1%
• Grants up to $10,000 for seniors 62+
• Very low income required (50% AMI or below)
• For rural homeowners in eligible areas
• Covers health/safety hazards and accessibility

How to Apply

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

Deadline: Rolling applications, subject to funding availability