Individuals, families, and organizations that rent or own a home and are considered low-income, may be interested in applying for a home repair grant. Home repair grants are awarded to those who meet the strict eligibility requirements. These grants are available to help low-income communities, and help members within those communities repair their homes to create better living conditions.
One of the largest sources for home repair grants is the U.S. Department of Housing and Urban Development (HUD). They are allotted a certain amount of grants to award to those in the most need of home repairs in every community. Many of these grants have a maximum and minimum amount of award money, and if it is not all used, the remnants may be required to be refunded. Home repair grants may be more readily available through the government, and do not need to be repaid, unlike loans.
The U.S. Department of Agriculture (USDA) is another division that awards many home repair grants to individuals and organizations in need. Their grants are awarded to current homeowners that are in need of removing health and safety hazards within their home. They also offer home repair grants towards specific groups, such as veterans, disabled individuals, and the elderly. For example, The Rural Repair and Rehabilitation grant has a maximum award amount of $7,500, available to individuals over 62 whom cannot afford to remove health and safety hazards within their homes themselves.
Home repair grants may be one of the most available government grants, due to the hope to improve and help impoverished communities. This also leads to the very tough and strict eligibility requirements that applicants must meet. It is important for any individual to complete thorough research on every home repair grant they believe they could qualify for. Home repair grants may have a maximum income restriction, as well as age, location, and level of need for repair. Home repair grants do cater to certain abilities and goals, so individuals should only apply to grants that they could win and are most related to their needs.