assistance

USDA Section 504 home repair loans and grants

Rural home-repair assistance for qualifying homeowners. Grants are limited to eligible homeowners age 62 or older; loans have separate terms.

Published

Source last verified: 2026-10-01

Funding details

Amount
Up to $40,000 loan; up to $10,000 grant; up to $50,000 combined
Funding type
Loan and grant
Eligibility
Qualifying owner-occupants in eligible rural areas with very-low income and inability to obtain affordable credit elsewhere. Grants additionally require age 62 or older and inability to repay a repair loan.
Conditions
Loans: 1% fixed rate, 20 years. Grants repayable if property sold within 3 years. Local funding and approval apply.
Who it is for
Homeowners
Location
United States - eligible rural areas
Connection to mold
Health and safety repairs may address moisture or related hazards. Mold-specific eligibility is not guaranteed; confirm the proposed repair with USDA.
Application status
rolling

USDA Rural Development’s Section 504 program provides loans to qualifying homeowners to repair, improve, or modernize their homes, and grants to qualifying older homeowners to remove health and safety hazards.

USDA states maximums of $40,000 for loans and $10,000 for grants, with up to $50,000 in combined assistance. Loans have a 1% fixed interest rate and a 20-year term. Grants must be repaid if the property is sold within three years.

Applications are accepted throughout the year. Rural location, income, ownership, credit-access requirements, local funding, and approval all matter. This is not an unrestricted mold-remediation grant. Confirm whether a specific moisture or mold repair is eligible with the local Rural Development office.

Cited source

USDA Rural Development

https://www.rd.usda.gov/programs-services/single-family-housing-programs/single-family-housing-repair-loans-grants

Record updated . See corrections policy.