With only 11 weeks remaining in FY13, USDA still has over $14 million available for Section 504 loans – more than half of the program’s appropriation. Loan funds not obligated by September 30 will be lost. Your help in getting out the word and working with RD to process loan applications is critical. All states will have access to loan funds after RD pools and redistributes the amounts not yet used in some states.

We know there is far more need than funds available for this program, which helps very low-income homeowners repair their homes. It would send the wrong message to have these sorely needed funds go unused. Please contact your local RD office and work with them to help eligible very low-income homeowners get their homes repaired!