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The grant was $10,000. 00 and increase up to $36,520.00
San Juan Puerto Rico, February 21,2023 – Maximiliano J. Trujillo, State Director of USDA Rural Development in Puerto Rico, announced an initiative that allows very low-income people aged 62 or older, residents of eligible Rural Areas, qualify for a grant of up to $36,520 to repair their homes. This damage had to be caused by Hurricane Fiona.
Typically, the RH 504 home repair program provides up to $10,000.00 for housing repair for very low-income individuals of people who are 62 years of age or older and are residents of rural areas.
With the increased grant, individuals, or families whose homes were damaged by Hurricane Fiona will have the opportunity to make improvements to their home, Trujillo said. If you needed more than $36,520.00 to repair your home, you could take out a loan at an interest rate of 1% for 20 years.
Residents of San Juan, Cataño and residents of the Ponce metropolitan area are excluded. Income eligibility depends on the municipality where the homes are located. The agency has offices in the municipalities of Caguas, Camuy, Juana Diaz, Mayaguez, Morovis and Utuad.
Trujillo indicated the funds are available, as long as they last or until September 30, 2023.
Under the Biden-Harris Administration, Rural Development provides loans and grants to help expand economic opportunity, create jobs, and improve the quality of life for millions of Americans in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed Internet access in rural, tribal and high-poverty areas . For more information you can write to sm.puertoricord@usda.gov or go to www.rd.usda.gov/pr or call (787) 766-5095.
To subscribe to USDA Rural Development updates, visit the GovDelivery subscriber page. You can follow us on our Twitter account @RD_PuertoRico.
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