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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 ...
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 ...
Safe at Home [6] provides home modifications for older adults and people with disabilities to improve accessibility, reduce falls, increase independence and facilitate aging-in-place. Safe at Home is designed to improve aging-in-place outcomes for low-income older adults through the modification of their home environment to meet their specific ...
Mar. 19—The owners of five historic buildings in Baker City have received federal grants totaling $10,000 to replace roofs, repair windows and do other improvements. The money is from the ...
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 ...
Besides, many older appliances and materials have turned out to be hazardous, like lead-based paint and leaded glass. Hartford cautions that "if a house is older than 1970, it's going to have lead ...