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.

How Many Home Improvement Grants Will You Qualify For?

If you are low on funds, but so tired of the dreary and outdated decor in your home, you may want to think about exploring home improvement grants to give your place a pick me up. The United States government awards hundreds of American citizens, like you and I, enormously generous amounts of free money to assist them in beautifying their homes. Depending on your location and situation, there may very well be a significant amount of free government money made available to you, in as little as a few weeks (when properly applied for) if you qualify.

This type of funding is distributed in large sums to hundreds of American taxpaying citizens each year by way of home improvement grants. Grants, unlike loans, do not require any form or repayment whatsoever. They are ultimately a gift from good old Uncle Sam that you can, or rather, must, use to invest in redecorating, repairing, or remodeling your home. As long as you are able to verify that the funds awarded to you are, were, or will be utilized to cover the expenses of your home repair endeavors, you will never have to pay back any of it. You are not required to claim this free government money on your tax return, nor does it appear in any credit check systems. It is an agreement between you, the US government, and your building contractor or home improvement specialist.

The amount of funding you may be possible to receive, and the measure or repairs or remodeling you choose to embark upon can widely vary. If you are a single-family homeowner who is interested in updating the decor of one section of your home, you may qualify for $500 to $5000 or more. Maybe you are a landlord who possesses multiple unit buildings that are in need of some serious type of electrical or plumbing repairs in order to meet safety inspection standards. In a scenario such as this, a grant awarding committee may be eager to provide this property owner with substantial funds reaching the tens of thousands in efforts to aid in the immediate public safety of the buildings tenants. In other cases, mid sized home improvement grants are distributed for growing families to build additions to their homes to accommodate their physical needs. Handicapped citizens are nearly undeniable candidates for funding to build access ramps and elevators to their properties, and those who desire to turn single-family homes into multi unit dwellings for rental income purposes are also favored.

No matter how large or small your vision of rehabilitation is, or what your income status is, there is a home improvement grant made available by the government to finance it. The key is finding which ones you qualify for. Start searching today and you could be calling your contractor next season.

Act Fast to Get Your Free Home Improvement Grant Money

You don’t have to spend hard earned money to repair or remodel your home while there is free government money available to finance those projects for you. Home improvement grants are awarded to most fortunate American taxpayers who apply for them, and none of the recipients ever have to pay them back.

Billions of dollars in free grant money for repair projects is awarded yearly to US citizens, and you may be eligible to qualify for a great deal of that money if you apply for home improvement grants now.

It won’t be long before millions of more taxpayers become aware of these magnificent opportunities and the waiting periods will surely be extending due to overwhelming response. One would be advised to locate their local grant award agency to assure a prompt review of their government grant application.

After you have properly completed the entire grant writing and application process, if you are approved for this funding, which thousands are, you may be quickly able to achieve more than enough free government money to repair, remodel and maintain your current home or property. And since government home improvement grants are custom designed specific to individual needs, you can perform and number of projects large or small.

The greatest part about home grants is that there are no credit checks required and you never pay the money back…

Remarkably, there is absolutely no form of credit history report, income level, or obligation to repay government home improvement grants, nor any limits to how many one may apply for or receive. It is completely possible to acquire several free grants to embark upon countless remodeling projects, and never pay a cent out of pocket. Imagine what that can do for your property value and home equity?

You could actually profit and make significant money by using home improvement grants to remodel and improve your home. If you an American taxpaying homeowner, and over the age of eighteen, you may very likely qualify to receive this generous funding in a short amount of time if you act now.