 The United States Department of Agriculture Offers Home Improvement and Repair Loans and Grants as well as Direct Single Family Housing Loans. The Rural Development 502 Direct Housing Loan Program is aimed at assisting low-income individuals to purchase, repair or build a single family housing dwelling in communities like Plainwell. Click here to read more and apply. Home Ownership Loans Section 502 Direct Single Family Housing Loans. Repair loans and grants are also available to low-income individuals in Plainwell. Very low-income families can receive up to $20,000 in a loan, with repayment terms up to 20 years, depending on their available income to repay the loan. The interest rate is 1%. Grants of up to $7,500 and loan/grant combinations are available to applicants who are 62 years or older and show repayment ability. Click here to read more and apply. Home Improvement and Repair Loans and Grants Section 504. |
