USDA Section 504 Home Repair Loan & Grant

Acerca de Este Programa

USDA program providing low-interest loans up to $40,000 and grants up to $10,000 for very low-income homeowners age 62+ in eligible rural areas to repair, improve, or modernize homes. Limited availability in Edison; confirm rural eligibility.

Grant for seniors 62+ unable to repay loan; loan for others

Detalles Clave

• Loan up to $40,000 at 1% interest
• Grant up to $10,000 for seniors 62+
• Very low income required (50% AMI)
• Must be in USDA-eligible rural area
• For health/safety repairs and accessibility

Como Solicitar

Un contratista con experiencia en subvenciones en Edison, NJ puede encargarse del papeleo, las inspecciones y los plazos para que sus fondos se liberen a tiempo. La conexion es gratuita.

Deadline: Rolling applications, limited rural-eligible areas