Hood River Real Estate Update

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USDA Loans & Grants

This may help the right people. There are Loans and Grants available to repair homes from USDA rural development. If the family income is below 50% of the median county income, homeowners may qualify for a grant or loan for needed repairs. The loan maximum amount is $20,000 with interest rate of just 1% for up to 20 years. For those 62 or older, grants are available for essential repairs and are available for up to $7500.  For information go to http://www.rurdev.usda.gov/or/sfhlink_files/504.htm  in Oregon or http://www.rurdev.usda.gov/wa/SFH504lg.htm in Washington state.  Only certain communities in counties are eligible depending on population size. (towns and cities must be considered rural and under 50,000)

 

 

Amy McAllister Realty LLC     541-490-1436 

Hood River, Oregon  amym@gorge.net

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Disclaimer: I assume no responsibilty for accuracy of information provided within this post and blog. Many entries on this blog are based on the opinions and  ideas of the author and are provided without warranties of any kind, either expressed or implied. 

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