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Section 504 Home Repair Program – This program provides loans and grants to low-income and elderly homeowners, respectively, to help cover the cost of repairing or modernizing their single ...
Maximum loans are $40,000 and maximum grants are $10,000, which can be used for improvements or renovations that make your home safer, more accessible or remove health and safety hazards ...
The USDA Single Family Housing Repair Loans and Grants program assists homeowners aged 62 and older. The program exists to help promote “safe, decent housing for older adults in rural areas.”
Section 504 loans and grants are a USDA rural housing repair program authorized under Section 504 of the Housing Act of 1949. Under current regulations, rural homeowners with incomes of 50% or less of the area median may qualify for the Rural Housing Service (RHS) direct loans to repair their homes. Loans are limited to $20,000 and have a 20 ...
Home purchase or rehabilitation financing assistance – In this type of activity, the HOME program may provide a down payment for the purchase of a housing unit to a financial institution, thereby reducing the monthly mortgage payment of the loan balance for a low-income family that otherwise could not afford the monthly payment. The down ...
By applying to get on the waiting list, individuals who qualify may receive up to $65,000 for home repairs, according to a press release. "The county will provide ... Home repair grants available ...