USDA Offers Home Repair Loans in Lake, Montmorency Counties

Contact: Alec Lloyd
(517) 324-5204

The U.S. Dept. of Agriculture Rural Development is currently accepting applications from very low-income families for home repair loans in Lake and Montmorency counties.

“These loans can help cover the cost of essential repairs like roofs and windows,” said Traverse City Area Office Director Michelle Collins.  “This is important because homes that aren’t in good repair risk losing insurance coverage.”

The funds are available through the Section 504 Home Repair Loan Program. Loans may be up to $20,000, carry an interest rate of 1 percent and can be used to for repairs, improvements, weatherization, 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, contact the USDA Rural Development Traverse City Office at 231-941-0951 Ext. 4 or visit


Last Modified: 04/17/2017