USDA Section 504 Home Repair Loan & Grant

About This Program

USDA program offering low-interest loans up to $40,000 and grants up to $10,000 for very low-income homeowners in eligible rural areas to repair, improve, or modernize their homes. Grant portion available only to homeowners age 62+ who cannot afford to repay a loan.

Combination of 1% loan and grant for seniors; loan-only for others

Key Details

• Loans up to $40,000 at 1% interest
• Grants up to $10,000 for seniors 62+ only
• Income at or below 50% AMI required
• Must be in USDA-eligible rural area
• Covers health and safety repairs

How to Apply

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

Deadline: Ongoing, subject to annual appropriations