$27,500 In Grants and Loans to Fix Up Your Home

The Section 504 Rural Housing Repair and Loan program provides low interest long-term loans (up to $20,000) and grants (up to $7,500) help low-income homeowners in rural areas to repair, improve, or modernize their dwellings or to remove health and safety hazards. Income eligibility requirements go up to 50% of median family income- about $31,366. Grant funds are only available to homeowners aged 62 or older. For the national office contact Single-Family Housing Processing Division, Rural Housing Service, Department of Agriculture, Washington, DC 20250; 202-720-1474; http://www.rurdev.usda.gov/rhs/common/program_info.htm#SFH