Direct Housing_Natural Disaster Loans and Grants

Objective

To assist qualified recipients to meet emergency assistance needs resulting from natural disaster. Funds are only available to the extent that funds are not provided by the Federal Emergency Management Agency (FEMA). For the purpose of administering these funds, natural disaster will only include those counties identified by a Presidential declaration.

Who Can Apply

• Local (includes State-designated lndian Tribes, excludes institutions of higher education and hospitals
• Public nonprofit institution/organization (includes institutions of higher education and hospitals)
• Federally Recognized lndian Tribal Governments
• U.S. Territories and possessions
• Individual/Family
• State

Applicants must own and occupy the home in a rural area. Loan recipients must have sufficient income to repay the loan. Grant recipients must be 62 years of age or older and be unable to repay a loan for that part of the assistance received as a grant. The applicant's income for a loan may not exceed the very low-income limit which can be obtained in any Rural Development (RD) field office.

Who Benefits

• Individual/Family
• Homeowner
• Land/Property Owner
• Low Income
• Rural

Applicants/borrowers are the direct beneficiaries when they meet all eligibility criteria.

Assistance Types

• Project Grants
• Direct Loans

Program Contact

Myron.Wooden@wdc.usda.gov
(202) 720-4780.