Program Name: Single Family Housing Repair Loans and Grants
Organization: United States Department of Agriculture – Rural Development
Address: 2118 W. Part Court, Suite A, Champaign, IL 61821
Phone: 217-403-6200
Fax:
TDD:
Email:
Website: https://go.usa.gov/xhq24
Briefly Describe the Purpose of the Program
Also known as the Section 504 Home Repair program, this provides loans to very-low-income homeowners to repair, improve or modernize their homes or grants to elderly very-low-income homeowners to remove health and safety hazards.
Year Program Established:
Eligibility Requirements or Restrictions
Homeowners who occupy the house, be unable to obtain affordable credit elsewhere, and have a household income that does not exceed the very-low income limit in the county in which your home is located.

Rural areas with populations up to 20,000. 1-percent-interest loans up to $40,000. Grants available to very- low-income applicants ages 62 years or older unable to pay a 1 percent loan.

Application Deadline: Rolling bases
Application Guidelines:
Funding Cap Per Application or Fiscal Year Program Funding:       Up to $40,000 in loan, $10,000 in grant
How Must Funds Be Used:
Loans may be used to repair, improve or modernize homes or remove health and safety hazards.

Grants must be used to remove health and safety hazards.