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Contact us at 1-800-414-1226. USDA Rural Development Servicing Office PO Box 66889 St. Louis, MO 63166. Home. Programs & Services. Single Family Housing Programs. English.
What are the terms of the loan or grant? • Loans are repaid over 20 years. • Loan interest rate is fixed at 1 percent. • Full title service is required for loans greater than $25,000. • Grants have a lifetime limit of $10,000.
To Apply. Other Requirements. Contact. Events. NOTE: California is currently participating in a pilot program that increases the program limits. Grants are available up to $10,000 (up from $7,500) and loans are available up to $40,000 (up from $20,000) with a maximum of $50,000 (up from $27,500) assistance. Contact our staff to learn more.
Well built, affordable housing is essential to the vitality of communities in rural America. Rural Development’s Single Family Housing Programs give families and individuals the opportunity to buy, build, or repair affordable homes located in rural America. Eligibility for these loans, loan guarantees, and grants is based on income and varies according to the average median income for each area.
Loans are available up to $20,000 at a one percent fixed interest rate for up to 20 years. Seniors age 62 and older, who do not have repayment ability for a loan, may be eligible for a loan and grant combination to make needed repairs and improvements. The maximum lifetime grant amount is $7,500.
The USDA Single Family Housing Repair Loans and Grants program helps promote safe, decent housing for older adults in rural areas. Homeowners age 62 and older may qualify for grants that can be used to remove health and safety hazards in the home, improving opportunities to age in place. You can apply for a Home Repair Loan or Grant year-round ...
The USDA's Section 504 Home Repair Program, also known as the Single-Family Housing Repair Loans & Grants program, is designed to aid eligible USDA borrowers in making essential home repairs and improvements. The program’s primary goal is to help individuals and families remain in their homes while building up savings over time.
It provides grants to sponsoring organizations for the repair or rehabilitation of housing owned or occupied by low- and very-low-income rural citizens. USDA will award a total of $12,200,000 in Housing Preservation Grant Program funding for the repair and rehabilitation of rural housing units. $2,200,000 of this funding is for organizations to ...
Funding is available through Rural Development’s Single Family Housing Home Repair Loan and Grant (Home Repair) program that helps income-eligible homeowners in rural communities make health and safety repairs to their homes. Increased grant limits are only available until January 14, 2024, then grant limits will return to $10,000.
The Department of Housing and Urban Development (HUD) offers loan and assistance programs for home repairs and improvements. Eligibility requirements vary for each program. Your eligibility may depend on: Your income level. Your age. The type of property you own and want to repair. Where your property is located.