Find a Grant so you can make Critical Repairs on Your Property
The great thing about grants unlike loans is that grants do not need to be repaid (or have very favourable repayment rates which make them so appealing). Therefore a low-income home improvement grant for critical repairs can be a great way to get a leg up on your home improvement project without putting yourself further into debt and start to really enjoy your home. Government grants are given out to low income families who cannot afford to make critical repairs or improvements to their property; critical repairs are those that are needed to make the home liveable. Read on to see whether you are eligible for a Federal government home improvement grant.
What Home Improvement Grants Available From the Federal Government
There are many places to look for low income home repair assistance; they are generally available from local city government, state housing departments, non-profit housing organizations and the U.S. federal government. Some or all of these grants are typically focused on bringing a house to habitable standards including security, plumbing, electricity, insulation and even security.
Federal Government Home Improvement Grant Eligibility Requirements
Also if you are on a low income and you are 62 years or older, have children or are receiving disability payments then you may be eligible for one of these grants and have a good chance of getting approved. Low income in this instance is considered to be below 50% of the median income of your local area, however this can change for the different grants. There can also be other requirements specific to each grant.
Federal Government Home Improvement for Vital Repairs
For your family to be considered your property must be in need of vital repairs to maintain its liveability or to prevent a dangerous or unliveable situation from arising. This can include mould, mildew or vermin infestations, plumbing issues, electrical faults, damage to doors or windows that compromise security, roofing repairs and any other issues that may prevent a health hazard to the occupants.
There is a chance that you might be required to submit proof of any of the above problems and this could be in the form of a photograph, a signed statement from an official member of a government body or an inspection from a grant assessor.
Best Ways to Find Low Income Home Improvement Grants
This really depends on the grant you are looking for (local, state, federal, or non-government) there are many different places you can look for further information and to apply for a grant so you need to be patient. A good point of reference is the government grant website which will be able to refer you to a local or state website. Alternatively you can go straight to Housing and Urban Development’s website. If you are receiving disability payments you can also ask your payments officer about local government grants that may be available to you.
Applying For a Low Income House Improvement Grant
Once you have a grant in mind you should get a cost estimate for the repairs you will need to have done. Maximum grants are usually $20,000 per person so this is something to be mindful of; be careful not to be greedy. Once you have your initial assessment (and you have determined that you fall within the $20,000 limit you should write down the Funding Opportunity Number, register at the Grants Government website. You will also have to provide details of any debt and financial assets you have so make sure to locate them beforehand. Once you have your account made, and all of your necessary information together start going through each step of the electronic grant applications process. If you have trouble with this section you can download the Desktop User Guide for Electronic Grant Applications, which will guide you through each step.
Different Options For Low Income Home Improvement Grants
There are many people who are not eligible for some reason; you might want to consider low income government supported loans instead. These are not as attractive as grants however these loans are still far better than bank loans and can give you the financial assistance you need to get your property back into good shape.
Another option you can look at is charitable of not-for-profit organisations for assistance. Be mindful that some of these groups wont offer grants or loans but instead may help by providing free or heavily discounted repair and maintenance services. Local churches and citizens welfare groups can also help with places to stay in the meantime and with some additional provision of labour.