USDA Accepting Applications to Help Low-Income Individuals and Families Buy or Repair Homes

USDA Rural Development is accepting applications for very low- and low-income individuals and families seeking to purchase or repair a home in a rural area.

The Direct Home Loan program offers financing to qualified very-low and low-income applicants that are unable to qualify for traditional financing. No down payment is required, and the interest rate could be as low as one percent with a subsidy. Applicants must meet income and credit guidelines and demonstrate repayment ability. The program is available in rural communities of generally 35,000 people or less.

The maximum loan amount is $20,000 at a one percent interest rate, repayable for a 20-year term and can be used to improve or modernize homes and do essential repairs. Grants of up to $7,500 are available to homeowners 62 and older and must be used to remove health or safety hazards, such as fixing a leaking roof, installing indoor plumbing, or replacing a furnace.

Contact a USDA Rural Development Housing Specialist in your area today, to see if you qualify.

Faribault Minnesota Office – (507) 332-7418 Ext. #4

Worthington Minnesota Office – (507) 372-7783 Ext. #4

Marshall Minnesota Office – (507) 591-4329

Willmar Minnesota Office – (320) 235-3540 Ext. #4

USDA Rural Development loans and grants provide assistance that supports infrastructure improvements; business development; housing; community services such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov/mn.

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USDA is an equal opportunity provider, employer, and lender.

USDA Accepting Applications to Help Low-Income Individuals and Families Buy or Repair Homes

USDA Rural Development is accepting applications for very low- and low-income individuals and families seeking to purchase or repair a home in a rural area.

The Direct Home Loan program offers financing to qualified very-low and low-income applicants that are unable to qualify for traditional financing. No down payment is required, and the interest rate could be as low as one percent with a subsidy. Applicants must meet income and credit guidelines and demonstrate repayment ability. The program is available in rural communities of generally 35,000 people or less.

The maximum loan amount is $20,000 at a one percent interest rate, repayable for a 20-year term and can be used to improve or modernize homes and do essential repairs. Grants of up to $7,500 are available to homeowners 62 and older and must be used to remove health or safety hazards, such as fixing a leaking roof, installing indoor plumbing, or replacing a furnace.

Contact a USDA Rural Development Housing Specialist in your area today, to see if you qualify.

Faribault Minnesota Office – (507) 332-7418 Ext. #4

Worthington Minnesota Office – (507) 372-7783 Ext. #4

Marshall Minnesota Office – (507) 591-4329

   USDA Rural Development loans and grants provide assistance that supports infrastructure improvements; business development; housing; community services such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov/mn.

Fillmore County Business Relief Grants Now Available

Questions should be directed to Fillmore County EDA Director Chris Hahn via email at chris.hahn@cedausa.com or Bobbie Hillery via email bhillery@co.fillmore.mn.us or by calling 507-765-4566.

Businesses in Filmore County interested in applying can learn more about the State of Minnesota Program guidelines at County Relief Funding Program / Minnesota Department of Employment and Economic Development (mn.gov)

City of Mabel October 2020 Newsletter

Download the City of Mabel October 2020 Newsletter

In accordance with Federal law and the U.S. Department of Agriculture policy, this institution is prohibited from discriminating on the basis of race, color, national origin, sex, age, disability, religion and familial status. (Not all prohibited bases apply to all programs.) To file a complaint of discrimination, write to: USDA, Director, Office of Civil Rights, 1400 Independence Ave., S.W., Washington D.C. 20250-9410 or call (800) 795-3272 (voice), or (202) 720-6382 (TDD). This institution is an equal opportunity provider and employer.