Single Family Home Repair Direct Loan/Grant:
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Loans
PURPOSE
The Single Family
Home Repair Direct Loan Program helps very-low income families remove health and
safety hazards from their homes. The Single Family Home Repair Direct Loan
Program also allows families to make any necessary repairs on their homes.
ELIGIBILITY
Families with very-low income (50% of Median Household Income)
FUND USE
Winterizing
Struct
Removal of Safety Hazards
LOAN
Loans
are available to individuals and families
RATES
1%
assistance to individual which may not exceed $20,000
TERMS OF REPAYMENT
Loan
amortized for 20 years
MAXIMUM AMOUNTS
$20,000 Loan Maximum
RESTRICTIONS
R
APPLY TODAY
To get started building your future today, contact your Rural Development Local Office to fill out a Single Family Home Repair Loan Program Application to begin the approval process
Grants
PURPOSE
The Single Family
Home Repair Grant Program helps very-low income families remove health and
safety hazards from their homes. The Single Family Home Repair Direct Loan
Program also allows families to make any necessary repairs on their homes.
ELIGIBILITY
Must be 62 years of age or older
FUND USE
Winterizing
Struct
Removal of Safety Hazards
MAXIMUM AMOUNTS
$7,500 Grant Maximum
RESTRICTIONS
R
APPLY TODAY
To get started building your future today, contact your Rural Development Local Office to fill out a Single Family Home Repair Grant Program Application to begin the approval process