Home Improvement Grants

Home Improvement Grants for Low Income Families

A need for a roof is important for families but its maintenance is equally significant for safe and secured dwelling. However, the costs of repairing, improving or remodeling can be an expensive affair and quite non-affordable for low income families with meager savings.

The HUD and the federal government hence sponsor grants and assistance programs for monetarily deprived families who are in need of cash for home repairing purpose. The programs serve the disabled, elderly and families with children to fulfill their rental needs. Start applying today and avail the best plan for a secured home.

List of Home Improvement Grants that Low Income Families Can Apply

U.S. Department of Housing and Urban Development: Low income families can avail an exhaustive list of grants for home repair in almost all states. Grants, housing repair programs and cash assistance is delegated to local governments, county and non-profit organization to help needy people with their home improvement needs. The eligibility criteria depend on the stated income level i.e.

·         The income level is calculated on the median income for the area

·         Applicants must have income below 50 percent or less of the area median income as stated by HUD

Some Home Improvement Grants programs of HUD are:

Community Block Development Grants: The CBDG is allocated to local or state housing authorities for low income families and communities for financial aid. Eligible families and communities can avail assistance for varied home and community improvement needs. The CBDG offers some specific programs---Section 108 Loan Guarantee Program, Entitlement Communities, Insular Areas, Disaster Recovery Assistance, HUD Administered Small Cities and Neighborhood Stabilization Program. Contact your local or state housing department for help.

Property Improvement Loan Insurance: Though not a grant but it helps monetarily deprived families to attain cash assistance for their home repair work. The FHA or Federal Housing Administration insures the loan given by private lenders to applicants for home improvement purpose. This helps eligible families to avail home improvement loans easily. Moreover, FHA insures up to 90 percent for the default of any loan taken.

Assistance from Non-Profit Organizations: Nonprofits are allocated housing grants by HUD to re-allocate them to eligible families requiring assistance for home repairing. Applicants can apply for grants in their state or local nonprofits for the monetary aid. There are two types of programs to consider:

·         Rebuilding Together: Offers funding for the senior citizens, disabled and families with kids

·   Neighborhood Works: Aids in repairing the homes and neighborhood areas through the help and support of volunteers to offer improved standards of living, better and affordable communities to dwell in

Area Agency on Aging: This grant program from HUD addresses the home repair needs of senior citizens. The eligibility depends on the income level and also the city where the applicants live. Depending on the eligibility criteria, some elderly applicants are given free home repair services while others need to pay on sliding scale. Contact your local agency for assistance.

Besides HUD, local agencies, community agencies, state, religious organizations, churches and nonprofits render help with the rental needs. Research about the basic procedures and the stated rules and start applying today.

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