USDA Rural Development
Low-interest loans up to $40,000 for rural homeowners to repair, improve, or modernize their homes. Loans are for 20 years at 1% fixed interest rate for very low-income applicants unable to obtain affordable credit elsewhere.
20-year loan at 1% interest with monthly payment of approximately $184 per $40,000 borrowed
Data last verified 2026-06-09. How we verify our data.
This is a national program. In Selma, TX, you can stack it with local programs like these:
A grant-savvy contractor in Selma, TX can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
You will likely need a contractor to apply
Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Selma early keeps your application moving.
Get matched with a contractorEach program sets its own contractor rules. Check the official program page for exact requirements.
Deadline: Rolling applications year-round
Ask us. It is free, and a real person answers within a business day.
Email us about this programGrant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
Rebates and discounts that stack on top of any grant. Most are free to use.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
See All Programs