USDA Section 504 Home Repair Loans & Grants

About This Program

Federal loans up to $40,000 at 1% interest and grants up to $10,000 for very-low-income homeowners in eligible rural areas. Grants available to homeowners 62+ to remove health and safety hazards. Some Greene County areas may qualify.

Loans at 1% interest for 20 years; grants for 62+ only; must be in USDA-eligible rural area (check address)

Key Details

• Loans up to $40,000 at 1% interest (20-year term)
• Grants up to $10,000 for homeowners age 62+
• Combined loan+grant up to $50,000
• Very-low income: below 50% Area Median Income
• Must be in USDA-eligible rural area (verify address online)

How to Apply

Deadline: Rolling — subject to funding