Above are before and after pictures of home repaired with a Single Family Home Repair Loan. The homeowner stated that she attributed the success of her repairs to "people who cared about my living conditions."

SINGLE FAMILY HOME REPAIR LOANS AND GRANTS
 

Purpose:  To increase the availability of affordable credit opportunities for rural residents to improve their living conditions by making repairs to their homes 

Program Type:  Loan and Grant

Eligible Applicants:  Very low income households who own and occupy their home; grants are available to applicants 62 years of age or older who cannot afford to repay a loan for the full cost of repairs (Income Limits)

Eligible Areas: Cities and unincorporated areas of 10,000 population or less; in some circumstances cities between 10,000 and 20,000 also qualify (Ineligible Area Maps)

Authorized Purposes:  Funds are used to make repairs to single family homes; grants funds may only be used to correct health and safety hazards

Rates and Terms:  Loans carry a one percent interest rate and a 20 year term; grants must be repaid if property is sold within three years

When to Apply:  Year round 

Who to Contact:  See Office Locations for the Local Office servicing the county in which the house is located