Purpose: What is the Program's Goal?
Modernize or repair a modest home.

Program Type: How does it work?
USDA Rural Development makes loans to home-owners.

Eligible Applicants: Who can apply?
Very low-income individuals.

Eligible Areas: What is rural?
Unincorporated areas and cities with less than 20,000 population

Authorized Purposes: What can funds be used for?
Install or repair water and sewer hook-ups, roofing, insulation, and other housing improvements.  Applicants must stay in the house for a minimum of 3 years after the work is completed.

Typical Amount of Assistance:
Up to $20,000.

Rates & Terms (rates subject to change):
1%, up to 20 years.

Key to Success:
Applicants must have limited resources and be unable to get credit elsewhere.