Single-Family Housing Repair Loans & Grants
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Eligible Recipients:
- General Public
- Private Sector
Program Purpose:
- Other Infrastructure
Reserved for Energy
Communities?
Upcoming Milestones:
Bureau/Office:
Funded by:
Overview
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. For existing Section 502 direct and 504 borrowers who have received a payment moratorium related to COVID-19: The American Rescue Plan (ARP) Act of 2021 appropriated additional funds for Section 502 direct and 504 loans, to remain available until September 30, 2023. The focus will be to refinance existing Section 502 direct and Section 504 borrowers who have received a payment moratorium related to COVID-19.
Related Resources
The Rural Partners Network (RPN) is an alliance of federal agencies and commissions working directly with rural communities to expand rural prosperity through job creation, infrastructure development, and community improvement.
Funding Details
Funding Source:
- Annual Appropriation
Funding Type:
Total Amount Available:
Limit per Applicant:
Estimated Awards:
Applicant Guidance
https://www.rd.usda.gov/sites/default/files/508_rd_fs_rhs_sfh504homerepair.pdf
More information can be found here as well.
Contact Information
Individual states may have particular requirements based on state and local regulations. Please contact the state office in the state where your project is located, which can be found at: https://www.rd.usda.gov/browse-state.