10.417: Very Low-Income Housing Repair Loans and Grants
Alternate Name: Section 504 Rural Housing Loans and Grants
Overview
Program Number
10.417
Status
Active
Last Modified
Aug. 4, 2022
Date Posted
Aug. 4, 2022
Objective
Section 504 loans and grants are intended to help very low-income owner-occupants in rural areas repair their properties.
Type of Assistance
E - Direct Loans
Applicant Eligibility
Applicants must own and occupy a home in a rural area; and be a citizen of the United States or reside in the United States after having been legally admitted for permanent residence. Loan recipients must have sufficient income to repay the loan. Grant recipients must be 62 years of age or older and be unable to repay a loan for that part of the assistance received as a grant. Applicant's income may not exceed the very low-income limit set forth in RD Instructions.
Beneficiary Eligibility
Applicants must own and occupy a home in a rural area; and be a citizen of the United States or reside in the United States after having been legally admitted for permanent residence . Loan recipients must have sufficient income to repay the loan. Grant recipients must be 62 years of age or older and be unable to repay a loan for the part of the assistance received as a grant. Applicant's income may not exceed the very low-income limit set forth in RD Instructions.
Related Programs
Additional Information
Federal Award Analysis
Very Low-Income Housing Repair Loans and Grants grant spending
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Contracts
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Subcontracts
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Grants
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Subgrants
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Grant Awards
Very Low-Income Housing Repair Loans and Grants direct grants
Grant Opportunities