USDA Section 504 Home Repair Loan & Grant

About This Program

USDA program providing low-interest loans up to $27,500 and grants up to $10,000 for very low-income homeowners age 62+ in eligible rural areas near Terre Haute to repair, improve, or modernize their homes. Grants available only to seniors 62+ who cannot repay a loan.

Estimate includes typical combination of loan and grant for senior homeowner

Key Details

• Low-interest loan up to $27,500 (1% interest)
• Grant up to $10,000 for seniors 62+ unable to repay loan
• Must be in eligible rural area near Terre Haute
• Income at or below 50% AMI required
• Covers repairs to make home safe and sanitary

How to Apply

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

Deadline: Applications accepted year-round