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Money available for homes in need of repair
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MONROE - For those living in homes in need of essential repairs this summer, the U.S. Department of Agriculture Rural Development has low-interest loans and grants available to help eligible people and families make needed improvements. Grants are available to help applicants who are 62 or older and who cannot repay a loan to remove health and safety hazards or to make the home accessible for a disabled family member. Loans have a fixed interest rate as low as one percent and typically may be repaid over a term of 20 years.