Single Family Housing Repair Loans & Grants in New York

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Single Family Housing Repair Loans & Grants in New York

On March 10, 2015, Posted by , In Blog, With No Comments

There have been a variety of efforts on the part of government and local volunteers to assist the residents of Schoharie County and surrounding areas in their rebuilding efforts. If you or someone you know still needs financial assistance, please be sure to click the image above for information about opportunities through the United States Department of Agriculture.

Here are some of the highlights:

What does this program do?

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.

How much money can I get?

  • Maximum loan is $20,000

  • Maximum grant is $7,500

  • Loans and grants can be combined for up to $27,500 in assistance

Why does USDA Rural Development do this?

Helping people stay in their own home and keep it in good repair helps families and their communities. Homeownership helps families and individuals build savings over time. It strengthens communities and helps many kinds of businesses that support the local economy.

Click here to visit USDA’s website for further information.

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