Single Family Housing Repair Loans & Grants

How it works

USDA Rural Development’s Section 504 Home Repair program gives financing to help homeowners make necessary repairs and improvements to their homes. The official program page says the program can help repair, improve, or modernize a home and remove health and safety hazards. It also says grants are possible for homeowners age 62 and over, and that a maximum grant of $15,000 is available when repairing a home damaged in a presidentially declared disaster area.

What the money covers

The USDA program covers repairs, improvements, and modernization. The official page also frames the grant portion as helping remove health and safety hazards. The disaster-related grant can be used for repairing a home damaged in a presidentially declared disaster area.

Amounts and matching

The official page states a maximum disaster-repair grant of $15,000. The broader program page confirms loans and grants are available, but does not state the standard loan maximum on the main page used here.

How to apply

The page directs applicants to apply directly with Rural Development and provides a form list for the program intake and release of information. It also notes that you can contact a USDA home loan specialist in your area.

Timing and deadlines

The official page shown is for the Florida state office and does not provide a nationwide deadline. Availability appears ongoing, but the page does not state a closing date.