Grants For Home Repairs

If you are an American citizen living in a rural area, you might have trouble financing repairs for your home. Incomes are lower than in urban areas, and many people are self employed, making it harder to obtain credit. For these reasons the government has set aside money for home repair grants and loans.

For very low income families who own homes in need of repair, the Home Repair Loan and Grant Program offers loans and grants for renovation. The Home Repair Program also provides funds to make a home accessible to someone with disabilities. If you need money to repair, improve, or modernize your dwellings, to remove health and safety hazards, or to make your home wheelchair friendly, you may be eligible for a government grant or low interest loan through the USDA Rural Development Home Repair Loan and Grant Program (Section 504)

These government grants and loans are given to make repairs and improvements to make the dwelling more safe and sanitary or to remove health and safety hazards. The most common types of repairs financed by the Section 504 program include fixing or replacing roofs, installing insulation and storm windows, modernizing heating and wiring systems, installing waste disposal systems, and making houses accessible to people with disabilities such as a ramp for wheelchairs.

If you live in a rural area, and need money to improve your living conditions, free government money is available for you. The maximum amount you can borrow under the Section 504 Home Repair Loan program is $20,000 at 1 percent interest rates. $7,500 grants are available for seniors 62 and older who can't afford a loan.

Home Repair Loan and Grant Programs have already helped thousands of Americans, repair, improve, or modernize theirs homes. A quick search online for "home repair grants" will bring up a lot of useful information. Talk with your area USDA representative to find out more about qualifying for federal help.