Attainable Housing

Attainable homeownership is more than just a roof over someone’s head—it’s a lifeline to stability, dignity, and the chance to build a strong economic and brighter future. It transforms lives and strengthens communities, offering families a safe place to grow, dream, and thrive for generations to come.

What We Offer

We specialize in providing affordable homes that meet the needs of our community. Our offerings include:

✓ Attaibable Homeownership Opportunities
✓ Customizable Home Designs
✓ Tailored Financial Assistance
✓ Community-Centered Support
✓ Accessible Housing for Everyone
✓ Guidance Every Step of the Way
✓ Innovative Housing Solutions
✓ Collaborative Partnerships
✓ Empowering Education and Skills Development
✓ Sustainability and Safety

Eligibility Criteria

USDA 502 Direct Loan Program

The USDA 502 Direct Loan program assists low and very low-income individuals or households in rural areas to obtain safe and sanitary housing. Below are the primary eligibility requirements:

Income Limits

• Applicant's adjusted income must be at or below the lowincome limit for the area.
• Income limits vary by county and household size.

Credit Requirements

• Applicants must have a reasonable credit history.
• Must demonstrate an ability to repay the loan.
• No recent history of bankruptcy or foreclosure.

Residency and Citizenship

• Applicants must be U.S. citizens, U.S. non-citizen nationals, or qualified aliens.

Property Requirements

• The property must be located in an eligible rural area.
• It must be the applicant's primary residence.
• The home must meet local building codes and USDA property standards.

Need for Assistance

• Applicants must be unable to obtain financing elsewhere at reasonable terms.
• Cannot already own adequate housing.

Repayment Ability

• Must demonstrate dependable and sufficient income to repay the loan, including taxes and insurance.

Loan Purpose

• Funds can be used to purchase, build, or repair a modest home in a rural area.

USDA 504 Loan and Grant Program

The USDA 504 program provides financial assistance to very low-income homeowners for home repairs and improvements. Loans and grants are available, with separate eligibility requirements for each:

Income Limits

• Household income must be at or below the very low-income limit for the area.

Homeownership

• Applicant must own and occupy the home as their primary residence.

Property Location

• The home must be located in an eligible rural area.

Loan Purpose

• Loans are available for home repair, improvement, modernization, and health/safety hazard removal.

Repayment Ability

• Must have sufficient income to repay the loan.

Grant Program

Income Limits

• Household income must be at or below the very-low-income limit for the area.

Age Requirement

• Applicant must be 62 years or older.

Homeownership

• Applicant must own and occupy the home.

Grant Purpose

• Grants are limited to health and safety hazard removal or necessary repairs.

Inability to Repay Loan

• Applicants must demonstrate they cannot afford a loan for the same purpose

Additional Notes

Combination of Loan and Grant

Eligible applicants may qualify for a combination of loan and grant funding under the 504 program.

Rural Area Definition

Eligibility is based on USDA's definition of rural areas, which can vary. You can check eligibility for specific locations on the USDA Rural Development website

Reach out to us today for more information and take the first step toward making your dream of affordable homeownership a reality!

USDA Loan Packaging Services

502 Direct Loans

This loan offers:
• No down payment required.
• Interest rates as low as 1%.
• Flexible repayment terms of up to 38 years.

504 Home Repair Loans and Grants

Perfect for:
• Seniors needing accessibility upgrades.
• Emergency repairs like roofing or plumbing.

Your next steps

Here are some examples of what should go here…

Driver’s license for applicant and co-applicant
Last four (4) paystubs of all adult household members
If you get social security, we will need the award letter
If you get Public Assistance like SNAP, we will need the award letter
If you get Child Support, we will need the Child Support Order
Life Insurance Policy (Only pages showing your name and award amount – usually page 1 and page 2 of the policy)
Verification of other assets not held in a financial institution (including retirement account information, i.e., 401K)