“Important home repairs to address health and safety issues are sometimes put on the back burner because of financial concerns.  USDA’s 504 Program has loan and grant funds available to help rural residents in Colorado make those repairs at very reasonable rates and terms,” according to Trudy Kareus, USDA

Rural Development State Director. 

Under this program, eligible homeowners may apply for loans and grants for health and safety repairs such a roof replacement, weatherization, plumbing, and heating and electrical updates and repairs as well as accessibility features.   Loans up to $20,000 are available at a one percent interest rate with a 20-year term.  “That’s a monthly repayment amount of less than $50 for each $10,000 borrowed,” said Kareus. 

To be eligible, one must own and occupy the home in need of repairs and meet income and credit requirements. Grants up to $7,500 are also available to homeowners 62 years or older and who meet the income guidelines.  Grants are available to remediate health and safety hazards or to make the home more accessible for persons with disabilities. 

“Our home repair grants are an invaluable resource to help homeowners make critical repairs and to even allow some to remain in their homes after their repair and accessibility issues have been addressed” said Kareus.  

For more information, contact the Alamosa Rural Development Office at (719) 589-5661, ext. 4 or the Delta Rural Development office (970) 874-5735, ext. 4 or email This email address is being protected from spambots. You need JavaScript enabled to view it.. USDA Rural Development is designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.  

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