USDA Section 504 Home Repair Loan

Acerca de Este Programa

Low-interest loans for very-low-income homeowners in eligible rural areas to repair or improve their homes, or to remove health and safety hazards. Fixed interest rate of 1% with repayment terms up to 20 years.

Loan amount based on needed repairs and ability to repay at 1% interest

Detalles Clave

• Loans up to $40,000 at 1% interest
• Income at or below 50% AMI required
• Must be in eligible rural area
• Up to 20-year repayment terms
• For repairs, improvements, and safety hazards

Como Solicitar

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

Deadline: Rolling applications, subject to funding