Home Improvement Grants – Federal Grant Money to Modernize Your Home

The federal government provides a number of programs designed to assist citizens with home and house repairs. One of the programs administered through the US Department of Agriculture Office of Rural Development offers grants and loans to owner-occupants of very low-income housing for home improvement and repairs. Known as Section 504 loans and grants the program was authorized by the Housing Act of 1949.

The program provides loans for general repairs to the owner’s property and the funds primarily directed at alleviation of health and safety issues. Home Improvement Grants are also awarded for the removal of safety hazards and for remodeling projects that make the dwellings more accessible to those with disabilities. The loan or grant funds can also be used for general modernization of the property.

Generally the grants and loans are made for infrastructure improvements to the property’s heating, electrical or plumbing systems. Particularly given the current emphasis on energy conservation and green projects, many of the awards are focused on weatherization of the low-income properties.

Since these grants and loans are administered by the Department of Agriculture the program is primarily aimed at rural low-income areas. To be eligible for this program the dwelling must be in an rural area with a population of less than 10,000. In some cases the eligibility expands to areas with up to 25,000 people when the community is not included in a Metropolitan Statistical Area.

Loans range up to $20,000 for eligible individuals and carry an interest rate of one percent with up to a 20 year term for repayment. Grants can go as high as $7,500 and as the term implies do not have to be repaid.

To be eligible for grant funding the home owner must be over 62 and not have the capability to repay a loan.

The Department of Agriculture Website provides access to maps and income calculators to help determine dwelling and income eligibility for the Very Low-Income Housing Repair Loans and Grants program.

Home Improvement Grants – Free Money to Fix, Repair, and Upgrade Your Home

If you have a home improvement project in mind to fix, repair or upgrade your home, you may qualify for free home improvement grant money, which can help pay for these costs. Whether you need to fix your roof, make homes in your neighborhood more safe, or upgrade to energy efficient appliances, the cash you need is available though various grant programs.

Applying for home improvement grant money does not require a credit check, a cosigner or any kind of collateral. These funds may be provided to individuals regardless of credit or income, and often provided by local and state government agencies.

Once approved, the cash you receive never has to be paid back. As long as you are at least 18 years old and a tax paying citizen, you are free to apply for as many grant programs as you like, and the cash is yours to keep. Just be sure to spend the money appropriately and in accordance to the terms of the particular grant received, and the money is yours to help you fix your home.

There are different types of home improvement grant programs for various goals. For instance, some grants are provided specifically to help those who need to make their home handicap accessible, while others can provided refunds and incentives for upgrading your home to energy efficient appliances. By searching the grant database, you can quickly find and apply for the home improvement grants that match your goals. As a result, you could get thousands of dollars to help fund your project that never has to be paid back.

Do You Qualify For a Home Improvement Grant?

When you consider the cost of home improvements you are probably discouraged about the dollar amount that you may have to spend. Well have you ever considered the option of a home improvement grant through the government? These grants are great because unlike a loan you will never have to pay back the grant.

If you are a senior citizen there are a lot of cities that will offer you a onetime government grant. This can become very useful for you if you are like many senior citizens today that are on a limited budget. You will need to find out if this service is available in your area which you can do by either looking in your local phone book or through the internet. There are also other sources for home improvement grants that you can also check into which includes some businesses and business professionals.

There are also a variety of different home grants that are available for the disabled as well. You can also apply for other home maintenance grants as well. These grants include grants to make your home handicapped accessible. The best place to find more information on these types of grant would be through the internet. You can search through sites in your local area as well as sites within the federal government.

If you have had a national disaster such as a tornado you may also qualify for a variety of different home improvement grants as well. These types of grants are usually available to those that do not qualify under FEMA standards and their house insurance, if you have any at all, does not cover the damages to your home. You can contact your area Chamber of Commerce for government grants or you can also search through your internet. These people will be able to tell you if they feel that you are qualified.

There are also home grants that are available for first time home buyers as well. If you have just purchased your first home and it is need of repairs you should definitely consider checking into these types of grants. The best place to find information would be through the internet. You can look through the various grant sites or you can contact the federal government grant program as well.

There are a wide variety of home improvement grants available for a wide variety of different repairs. If you fall into any of the above categories you should really consider seeing if you are qualified for your own home improvements. You can search for a variety of different programs through the internet. Although home improvement costs are expensive they can be done with a federal home improvement grant.