USDA Section 504 Home Repair Loan & Grant

USDA Rural Development

Available Senior & Disability

About This Program

USDA program providing low-interest loans and grants to very-low-income homeowners in eligible rural areas to repair, improve, or modernize their homes. Grants available only to homeowners age 62+ who cannot repay a loan. Note: Schaumburg may not qualify as rural; consult USDA eligibility map.

Loan at 1% interest; grant portion for seniors 62+ only

Key Details

  • Low-interest loan up to $27,500 at 1% rate
  • Grant up to $10,000 for seniors 62+
  • Very low income required (50% AMI)
  • Must be in USDA-eligible rural area
  • Check USDA eligibility map for Schaumburg

How to Apply

Get free help applying Visit Official Program Page Track this program

(217) 403-6222

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

Deadline: Rolling applications, subject to USDA area eligibility

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