FOR IMMEDIATE RELEASE
To: News Media
From: Bamberg County Administration
Date: July 1, 2024
Re: USDA to Visit Bamberg for Public Briefing on Housing Repair Loans and/or Grants
Bamberg, South Carolina (June 2024) – USDA official(s) will present information regarding available housing repair loans and grants on Thursday, July 11, 5:30 p.m. at the Bamberg County Courthouse Annex (1234 North Street).
Bamberg County homeowners who fall into the very-low-income category (e.g. a family of four with a household income of $31,100 or less or a family of 8 with a household income of $41,000 or less) may qualify for US Department of Agriculture (USDA) housing repair loans and/or grants. In an effort to educate eligible applicants about the process, a USDA representative will be on site in Bamberg on July 11 at 5:30 p.m. to provide essential information and guidance.
The following loans and/or grants may be available to Bamberg County homeowners:
- Single Family Housing Repair Loans
- Up to $40,000 to repair, improve, or modernize their homes
- 20-year term
- Fixed rate at 1%
- Applicant must own home and occupy it and be unable to afford credit elsewhere
- Single Family Housing Repair Grants
- Up to $10,000 for homeowners 62 or older to remove health and safety hazards from their homes
- Must repay grant if property is sold within three years
**Applications are reviewed year-round in the order in which they are received, and applicants may visit www.rd.usda.gov/browse-state for application assistance.
- Single Family Housing Rural Disaster Home Repair Grants
- Up to $42,900 for homeowners who lived in a Presidentially-Declared Natural Disaster Area in 2022
- Funds may be used for disaster-related home repairs, site preparation, or to relocate a mobile home
- Visit
- https://tinyurl.com/2p8hp2km
- for a complete list of 2022 Presidentially-Declared Natural Disaster Areas, including those affected by Hurricane Ian
Those unable to attend the public meeting on July 11 should visit usda.gov and seek application assistance from a USDA home specialist.
Bamberg County Council members and administration strongly encourage all interested homeowners to attend the public meeting on July 11, 5:30 p.m. at the Bamberg County Courthouse Annex to learn firsthand if they qualify for these valuable resources.
####
For more information on this press release, email info@bambergcounty.sc.gov.