USDA Section 504 Home Repair Loans & Grants

USDA Rural Development

Open Home Repair

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

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Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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