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Find similar grantsSingle Family Housing Repair Loans & Grants in Illinois is sponsored by USDA Rural Development. Provides loans and grants to very-low-income homeowners in rural Illinois for home repairs, improvements, or modernization.
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USDA – Housing – SFH repair loan and grants admin_iira 2024-05-22T15:55:31-05:00 Single Family Housing Repair Loans and Grants United States Department of Agriculture – Rural Development 2118 W.
Part Court, Suite A, Champaign, IL 61821 Briefly Describe the Purpose of the Program Also known as the Section 504 Home Repair program, this provides loans to very-low-income homeowners to repair, improve or modernize their homes or grants to elderly very-low-income homeowners to remove health and safety hazards.
Year Program Established: Eligibility Requirements or Restrictions Homeowners who occupy the house, be unable to obtain affordable credit elsewhere, and have a household income that does not exceed the very-low income limit in the county in which your home is located. Rural areas with populations up to 20,000. 1-percent-interest loans up to $40,000.
Grants available to very- low-income applicants ages 62 years or older unable to pay a 1 percent loan. Application Deadline: Rolling bases Funding Cap Per Application or Fiscal Year Program Funding: Up to $40,000 in loan, $10,000 in grant Loans may be used to repair, improve or modernize homes or remove health and safety hazards. Grants must be used to remove health and safety hazards.
Based on current listing details, eligibility includes: Homeowners in rural areas with incomes below county-specific limits; grants available to homeowners aged 62 or older. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Up to $50,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
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