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-grantsRecord updated . See corrections policy.