Home Maintenance And Minor Repair Grants/loans | United States Department Of Agriculture - Rural Development
Offers low-interest loans of up to $40,000 to eligible rural homeowners to repair, improve, or modernize their homes. Also offers grants of up to $10,000 to eligible elderly rural homeowners to remove household health and safety hazards. This program is also known as the Section 504 Home Repair Program.
Data provided by
211 UWGC
Physical Address
486 Helton Street, Williamstown, KY 41097
Hours
Monday:08:30-16:30;Tuesday:08:30-16:30;Wednesday:08:30-16:30;Thursday:08:30-16:30;Friday:08:30-16:30
Voice
Website
Application process
<p>Potential applicants are encouraged to contact the office to complete an informal prequalification process prior to applying.</p>
Fee
<p>Loans must be repaid with a fixed interest rate of 1% over a 20 year period. Grants do not need to be repaid unless the property is sold less than 3 years after receiving the funding.</p>
Eligibility
<p>Both loan and grant applicants must:</p> <ul> <li>own and occupy a home in an <a href="https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfpd" target="_blank" rel="noopener" class="underline text-blue-700">eligible rural area</a></li> <li>be unable to obtain affordable credit elsewhere</li> <li>have a household income that does not exceed the <a href="https://www.rd.usda.gov/sites/default/files/RD-DirectLimitMap.pdf" target="_blank" rel="noopener" class="underline text-blue-700">"Very Low Income" limit</a> for their county/metro area</li> </ul> <p>Grant applicants must <strong>also</strong> be age 62 or older.</p>
Service area
Grant County, Kentucky Kenton County, Kentucky Campbell County, Kentucky Boone County, Kentucky
Agency info
United States Department Of Agriculture - Rural Development
Office of the United States Department of Agriculture which runs programs intended to improve the economy and quality of life in rural parts of the United States.