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USDA-RD programs assist rural home repairs

By Staff | Mar 11, 2015

DES MOINES (USDA-RD) – Iowa’s cold and windy winters, which average more than 30 inches of snow, ice and rain, can take a toll on homes, especially older ones with aging roofs, siding or windows.

If a homeowner is in need of essential repairs such as a new furnace, roof, siding, or accessibility improvements, U.S. Department of Agriculture-Rural Development’s home repair low-interest loan and or grant program is available to help eligible households make needed improvements.

Loans have a fixed interest rate as low as one percent and typically may be repaid over a term of 20 years. Grants are available to help applicants who are 62 or older, and who cannot repay a loan, remove health and safety hazards or to make the home accessible for a disabled family member.

Examples of eligible home repair projects include, but are not limited to:

  • Repair or replacement of storm doors, windows, steps, furnaces, water heaters and or roofs.
  • Insulation, electrical, plumbing, and septic and water systems.
  • Provide accessibility for persons with disabilities.

Homes repaired with these funds must be located in communities of less than 20,000 people or in rural areas.

Along with loans and grants to repair homes, USDA Rural Development has two low-interest, no-down-payment loan programs to help eligible families purchase new homes.

USDA-RD’s funding continues to have a dramatic impact on rural communities across Iowa. Since 2009, USDA-RD has invested more than $3 billion on essential public facilities, small and emerging businesses, water and sewer systems, and housing opportunities for Iowa families.

“Each year USDA-RD invests more than $200 million in loans and grants that provide rural Iowa residents with decent, safe and sanitary housing,” Menner said. “It’s through housing programs like this one that we work to ensure that as many rural Iowans as possible have access to adequate housing.”

For more information about Rural Development’s housing programs call (515) 284-4444 or log onto DirectIA@ia.usda.gov.

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