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.

Free Money to Improve Your Property Value – Home Improvement Grants

Not enough American homeowners are aware of the fact that there is a fabulous way to raise your property value without investing any money of your own. Home improvement grants from the United States government can help you do just that, and in as short as just a few weeks, you may be looking at some serious equity.

What are home improvement grants?

Each and every year the United States government supports hundreds of free government grant programs by filtering billions of taxpayer’s dollars into these amazing programs. One of those programs are home improvement grants. This is virtually free government money, that you never pay back, that is awarded to American homeowners to maintain, repair, or remodel their homes and properties.

How much free grant money is available for home repair?

That solely depends on the personal needs and desires of the qualified applicant. Home improvement grants are custom designed to specific needs on a case by case basis. So essentially, your free government money possibilities are seemingly endless. Whether you just want free money to hire a painting contractor, you need a new roof, or you’d like to build an entire new addition to your home, there may be free government money for you to achieve this with.

Who qualifies for free grant money?

Most homeowners do. Besides being an American taxpaying citizen over the age of eighteen years old, and a property owner, there are few other eligibility requirements you must meet to qualify for this generous funding. By filling out a simple government grant application, you may be well on your way to receiving tens of thousands of dollars in home improvement grants, beautifying your home, raising your property value, and never having to pay the money back.

Do a free grant search online today and find out how home repair grants can help you raise your property value, with no credit check or repayment plan.

Home Improvement Grants Most African American Homeowners Overlook

Home improvement continues as one of the biggest expenses for African- American homeowners. Black homeowners pay the most for home improvements, repairs, upgrades and interest rates according to Federal Government statistics.

Because of a lack of information sources to get the word out to African American homeowners, most African American homeowners fail to take advantage of the many programs available to them.

Despite a record number of home improvement grants available from the federal government. Thousands of black homeowners still pay for high-priced home improvements, without first looking at what’s available from the federal government.

This could often save black homeowners thousands of dollars. It’s a shame the programs most black homeowners finance through there taxes go unused. Yes, by the people who could use them the most.

This week we’ll talk about some of the grant programs currently available from the U.S government. These grant programs can help you improve the value, comfort and energy savings of your home.

If you can get just one of these grants, it would more than pay for the time and effort it takes to get it.

According to HUD (Federal Housing and Urban Development) The Department has published the Early Registration Notice for potential applicants applying for funding under HUD’s competitive grant programs, available on the Grant.gov website. This Notice provides information to help applicants better understand the electronic submission process.

To help with the registration process, HUD has developed a brochure on how to register. HUD also has a brochure that will help you find and apply for grant opportunities. HUD has also prepared a Special file to assist you in completion of a grant. In addition to HUD, many low and no cost loans and grants exist for home improvements from most state and local government agencies.

These loans can go toward bringing homes up to code, used for energy efficient improvements or for cosmetic improvements to your property. All these actions can also help to raise and preserve the value of your home for little or no cost to you.

To take advantage of this program contact your local city or county rehabilitation department for more information. The key is to getting informed and starting the process by taking action.

For the website that list all federal government grants currently available Click Here! This site offers many tools for getting grants, such as tips for finding the right government grant for your specific needs. This site also offers a government grant search tool, government grant email alerts and much more.

By searching and keeping up-to-date on what home improvement programs are available, you can save thousands of dollars. HUD is working feverishly to improve and streamline the application and approval process of home improvement grants.

Meanwhile find out what qualifications you need to apply, get the necessary paperwork, fill it out and send or email it in. You never know, this may turn into a chance for you to save money and improve your home at the same time. What a deal.