Provides low and very low income home ownership and repair loans to qualified individuals from rural Washington.  Loans may be made to buy or repair an existing house or purchase a new house. Payment may be subsidized based on income. Grants based on need are available to seniors for essential repairs and guaranteed housing loans. For multi-family housing units, community facility loans, water and sewer grants or loans and guaranteed business and industry loans call the Olympia office at (360) 704-7760.

Home Ownership and Repair Loans offered at USDA Rural Development

Provides low and very low income home ownership and repair loans to qualified individuals from Clallam, Jefferson, and Kitsap Counties. Loans may be made to buy or repair an existing house or purchase a new house.

Programs that provide loans for income-eligible people who want to repair or modify their homes or mobile homes to make them energy-efficient, attractive, safe and free of health hazards; or which help eligible individuals find loans for this purpose. Most loan programs cover major repairs, system upgrades and replacements (e.g., plumbing, heating or electrical systems) but not minor repairs. Included are conventional home rehabilitation loans, deferred loans (in which payments are deferred until the home is sold) and forgivable loans (in which all or a part of the loan is forgiven if the borrower resides in the home for a specified period of time). The forgiven part of a forgivable loan amounts to a contingent grant. If the borrower sells the home prior to the specified time period, all or part of the loan is due. A common variation is to have portions of the loan forgiven gradually over a period of years.

Home Rehabilitation Loans

Programs that facilitate the financing, refurbishment, construction and/or management of safe, decent and affordable housing in rural communities. Included may be generic and custom-build homes or other structures that are available to people who qualify on a rental, low cost purchase or mortgage free basis.

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Home Ownership and Repair Loans offered at USDA Rural Development