Rural Housing: Housing Repair Loans and Grants
U.S. Department of Agriculture
What is Rural Housing: Housing Repair Loans and Grants?
The Rural Housing Repair Loans and Grants program provides loans and grants to very low-income homeowners to repair, improve, modernize, or to remove health and safety hazards in their rural dwellings. Loans are arranged for up to 20 years at 1 percent interest. Grants may be arranged for recipients who are 62 years of age or older and can be used only to pay for repairs and improvements to remove health and safety hazards. Loan/grant combinations may be arranged for applicants who can repay part of the cost. Very low-income for this program is defined as below 50 percent of the area median income.
Administration
Rural Housing: Housing Repair Loans and Grants is administered by U.S. Department of Agriculture.
Program Requirements
In order to be eligible for the loan program, you must be a homeowner who has very low income, and you must be a U.S. citizen or permanent resident who lives in a rural area. In order to be eligible for the grant program, you must meet the above requirements, and also be aged 62 years or older.
Application Details
What is the application process for Rural Housing: Housing Repair Loans and Grants?
To apply for a loan or grant online go to this site, or you may contact your State's Rural Development field office using this office locator tool.