USDA offering home repair loans to low-income rural families

    The U.S. Dept. of Agriculture Rural Development is currently accepting applications from very low-income families in rural areas for home repair loans.
    Loans may be up to $20,000, carry an interest rate of 1 percent and can be used for repairs, insulation, improvements, weatherization, water heater and furnace replacement, and to make a home accessible for persons with a disability.  
    Applicants must have an acceptable credit history, meet income guidelines, have repayment ability to service the new loan and any existing obligations, be a United States citizen or legally admitted for permanent residence, and own and personally occupy the home on a permanent basis.
    To learn more, visit USDA Rural Development on the web at www.rd.usda.gov/mi or contact the area office in Paw Paw at 269-657-7055 Ext. 4.
    USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; homeownership; community services such as schools, public safety and healthcare; and high-speed internet access in rural areas.

The Courier-Leader & Paw Paw Flashes

The Courier-Leader & Paw Paw Flashes
32280 E. Red Arrow Hwy. • P.O. Box 129
Paw Paw, MI 49079
(269) 657-5080

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