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Fact Sheet. Program Status: Open What does this program do? Also known as the Section 504 Home Repair program, this provides loans to very-low-income homeowners to repair, improve or modernize their homes or grants to elderly very-low-income homeowners to remove health and safety hazards.
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Building a brand-new home to your exact specifications may sound like a dream come true, but home development can get pretty complicated, especially if you need to take out a loan to pay for it.