Phone:
(701)814-6992
Physical address:
6296 Donnelly Plaza
Ratkeville, Bahamas.
Keeping your home in top shape requires regular maintenance and repairs to be completed in a timely manner. Home repairs are costly and most people do not have thousands of dollars lying around for home repairs.
Fortunately there are home repair grants available for those who can’t afford to fix their homes. We will show you how to apply for this free money or low interest loans and what is required to be approved for a grant or low interest loan.
What are home repair grants?
Home repair grants are monies given by government or tax exempt agencies in order to help homeowners repair or upgrade their homes.
Unlike other types of bank and private loans these types of grant loans do not have to be paid back. If you pass the requirements and are approved the money for repairs is a gift from the government or a non-profit organization.
Types of home repair grants
Some of the home repair and improvement grants available:
• Federal programs: Offered by agencies like HUD or USDA.
• State and local Grants: Offered by your state, city, or county.
• Nonprofit monied: Offered by organizations like Habitat for Humanity or local charities.
• Special grants: For seniors, veterans, or disabled homeowners.
How to qualify?
Keep in mind that programs are different depending on who you apply with but here are examples of some of the qualifications.
• Your Income level cannot exceed a certain amount
• You must own the property and be a citizen of the U.S.
• Age requirements and disability status at time of application
• Providing specs of what is being repaired or improved in your home.
• Financial disclosures
Finding federal home repair grants
• HUD’s Community Development Block Grant (CDBG): Geared towards low income communities.
• USDA Rural Development Housing Grants: Designed for rural homeowners in need of repairs.
• HUD’s HOME Investment Partnership Program: Provides funds that focus on safety and health related repairs.
State and local home repair grants and rebates
Go online and visit your state or city’s website. There are many programs available for energy rebates, certain appliance discounts and other programs. Your state’s housing authority and certain non-profits may offer grants for repairs or safety improvements to your home.
Also check with your local Habitat for Humanity. They are connected to housing groups that perform low cost home repairs for the elderly disabled and poor who cannot afford to pay for their own repairs. Some businesses offer home repair & improvement programs for the elderly and veterans to.
Tips for effective search
Locating programs may take some time and effort but well worth the research. Talk with your community outreach sponsors and neighbors to see if they know of any programs offering free services.
How to apply for a home repair & improvement grant
Make a list of repairs or home improvements needed. You can also have a contractor make a list and give you quotes. Take plenty of photos as proof of needed repairs.
Gather all your documentation including completed applications from programs. You will be required to provided financial information including pay stubs, bank accounts, tax returns and any other proof of income required.
You will also need to show a deed that proves you own the property where repairs are to be performed. Again make sure you have all of these documents well in advance of applying for assistance. If you need help non-profits are available to help you fill out and gather these documents.
Additional Grant Resources
• FHA Title I low interest loans
• Energy efficiency rebates and programs for new windows, insulation, caulking, solar panels and weatherstripping.
• Local & State emergency repair funds for urgent issues
