Housing grants may offer a new hope for individuals and families that believe they may otherwise not be able to afford a home. Housing grants can be awarded to families that are looking to buy or rent a home, or renovate real estate. The majority of housing grants are available through HUD, Housing and Urban Development, which is part of the federal government. There may also be local private or public organizations that offer housing grants, so it is important to research which route would make the most sense for your needs. Housing grants, especially through the federal government, are geared toward those with low to moderate incomes. This is a benefit for you and your family to get a home to meet all of your needs, and allows for the government to help improve community developments. While most homeowners worry about finances and if their credit will be good enough, those with low incomes and poor credit scores are encouraged to apply for a housing grant. Housing grants may be the most versatile grant, as they have a large range in number of household members, kind of home, and how much or little assistance is needed. There are housing grants available for single-member homes, senior-only neighborhoods, and especially first-time home buyers. The housing grants can also help towards closing costs, renovations, mortgages, etc., and can be used for apartment buildings, mobile homes, new construction, and so on. Since housing grants have so many different grants to offer, it is important to be specific in your research, and find the grants that make sense for what you need. Most grantors require progress reports to show that the awarded money is being used correctly, so it is important that what you need is also accommodating their goals. With that said, do not apply for just any housing grant just because, this will waste both your time and the grantors time if you do not meet the requirements.