Home

Posted on: May 9, 2017

Loan and Grant Funding Available for Home Repair Projects

USDA

Acting Delaware & Maryland Director for Rural Development Kathy Beisner announced that homeowners in rural areas who need repairs to their home but can’t afford regular loans may be eligible for a USDA Rural Development loan at only 1% interest.

Seniors, age 62 and older, may qualify for free home repairs up to $7,500 through the USDA Rural Development grant program.


“We are looking for lower income homeowners that need help making a home handicap accessible or fixing or replacing a roof, installation or repair of a septic system, who may need replacement windows, or other repairs to correct or remove existing health, safety, and sanitary issues,” Beisner said. Interested persons may apply at any time for this program but funding may become limited after August 31, 2017.


To be eligible to participate in the home repair program, applicants must own the home and be located in a small town or rural area. USDA must determine that the household is unable to repay a loan at affordable rates and terms.


For more information, contact the Rural Development Delaware State Office at (302) 857-3595.


USDA Rural Development’s mission is to increase economic opportunity and improve the quality of life for rural residents. The agency supports a wide variety of loan, guaranteed loan, and grant programs to rural residents in the areas of housing, community facilities, business development, infrastructure, and other essential needs. Additional information on rural programs is available by visiting www.rd.usda.gov/de.


Loans & Grants Info
Facebook Twitter Google Plus Email

Other News in Home

PPAC Rate Change

Posted on: July 26, 2017

Grilling Safety Tips

Posted on: July 12, 2017

National Night Out 2017

Posted on: July 10, 2017

Special Election Results

Posted on: June 28, 2017
Quality on Tap

Annual Drinking Water Quality Report

Posted on: June 28, 2017

Notice of Ordinance Adoption

Posted on: March 7, 2017

Want to go Solar?

Posted on: January 27, 2017

Community Videos

Posted on: August 7, 2013

Energy Depot Program

Posted on: May 19, 2008