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Alternate Name
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Program 101
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Description
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This program is a component of the USDA Rural Development Program. It provides grants to elderly very-low-income homeowners to remove health and safety hazards, and loans to very-low-income homeowners of any age to repair, improve or modernize their homes.
Rural is defined as an area with a population of less than 35,000 people. Raleigh, Cary, Garner, and Apex are not eligible. However, if a client lives in a rural area, outside city limits, they can call to inquire even if they have a postal address in one of these towns. Residents of smaller Wake County towns such as Wendell and Zebulon may be eligible. Note that eligible areas are redefined after each census; call to inquire about exact eligibility.
Grants (up to $10,000) must be used to remove health and safety hazards. Grant funds are limited, and may run out at times during the course of a year. Wait lists of about a year are not uncommon.
Loans (up to $40,000) may be used to repair, improve or modernize homes or remove health and safety hazards. Loan funds are usually available. Loan program can provide basically any type of repairs, including heating units, hot water heaters, insulation, windows, doors, roofs, floors. Applicants must own the house and land. Manufactured homes, including single-wides are OK if they own the land.
If applicants can repay part, but not all of the costs, applicants may be offered a loan and grant combination.
Eligibility: - Must be the homeowner and occupy the house;
- Must be unable to obtain affordable credit elsewhere;
- Must have a family income below 50 percent of the area median income;
- For grants, must be age 62 or older and not be able to repay a repair loan;
- Applicants may check their home's address here to determine eligibility.
How to apply: - Contact a USDA home loan specialist at your local Rural Development office (for Wake County residents: Smithfield office) for more information and/or to get started on an application. Approval times depend on funding availability in your area.
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Coverage Area
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Counties served via Smithfield office: Wake, Johnston, Harnett, and Wilson. (Other local offices serve other counties).
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Physical Address
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Smithfield Sub Area Office 2736 Hwy 210, Suite D
Smithfield NC
27577 United States
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View map of this location
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Hours Of Operation
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Office hours: Monday-Friday, 8 AM to 5 PM
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Physical Location Description
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Office is located in the Johnston County Agricultural Center
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Eligibility
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Income below 50% of area median, no age requirement for loan program. For grants, must be over age 62.
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Program Fees
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None
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Application Process
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Call to inquire and to make an appointment to complete an application.
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Normal Wait Times
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None
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Programs at this agency
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USDA Section 502 Direct Loan Program (Homeownership)
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Mailing Address
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Smithfield Sub Area Office 2736 Hwy 210, Suite D
Smithfield NC
27577 United States
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Smithfield Sub Area Office - Phone
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(919) 934-7156
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Smithfield Sub Area Office - Fax
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(844) 325-6830
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USDA Rural Development State Office
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(919) 873-2051
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Main Email Address
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[email protected]
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