What Is A Home Improvement Grant?

There are millions of people who are looking to improve the look of their homes. Some homeowners want to increase the value of their house so they can sell it and others are trying to just keep up on the maintenance. Grants are given as gifts to help homeowners make their homes more habitable.

Do I qualify for a home improvement grant? The answer depends upon the state you live in and for what purpose you require the grant but the requirements are often very similar. You're more likely to be eligible if you fall within these groups:

Remodeling grants aren't available for everyone and can only be used for home improvements. Normally they can be given to:

1. Those who own their own home and are aged 62 or over

2. Those who own their own home and are disabled

3. Those with low incomes

4. Those with very bad credit

The process of obtaining a grant can be time consuming but there are emergency home improvement grants that you can get at short notice. Examples of emergency grants would be if you have a hole in your roof or you have electrical hazards that need repair. Each department has their own rules about in what circumstances a home improvement grant will be given.

Each state has different agencies that you can contact. Check out your state government website. You should find a section for home improvements or grants there. You can also contact your local Department of Human Services. They can offer you a list of agencies that will help you apply for home improvement grants.

Home improvement grants exist for those people who cannot afford to make their own repairs or for people who cannot get a loan due to bad credit or too much credit. If you think you might be eligible then don't hesitate to apply.

If you are unsuccessful, however, and your grant application is denied you could apply for a subsidised loan. There are many available with interest rates as low as 1% to a maximum of 5%. They also tend to accept repayments over a longer period of time. As always, with any borrowing decision, do your homework first.

About the Author

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How To Get A Home Improvement Grant

By: Jandice Porter

If you are thinking of a mortgage, but simply can't afford it, you should invest some time and look into getting a home improvement grant. With all those monthly payments, and interest rates, its fairly hard to understand and even very hard to apply for one. Mortgage can be very risky even if it has low interest rate. You also need to meet a deadline to pay the mortgage to avoid penalty fees and other penalties that frankly no one likes having to deal with.

1. Home Grants

A home grant is a grea way to own a home without investing a significant amount of money. There are private organizations that funds housing grants and there are also government sectors that have home grants. Government home grants usually have low interest and sometime no interest loans that can help you if you have financial problems. A home grant is often the thing that makes the difference between being able to rent and being able to own.

2. Not So Fast

Home grants aren't just given out to anyone that asks for one. Most home grants come with the stipulation that they are only for qualified individuals. It can usually be available for Native American Indians, family members of veterans, for veterans, low income families, first time home buyers, researchers, the disables, homeless people, teachers and more. Grants are unique in that they don't have to be repaid.

3. Specialty Grants

- War Veteran
- Disabled
- Native American Indians

4. Who Is Qualified?

The application process is difficult and there are certain criteria you have to meet. If you are a member of the military, the government will usually provide you with free housing grant as part of your benefit. It is very convenient for you and your family because you will be having housing funds provided by the government. And, the good thing about this is that its free. This means that youll never have to repay the government for the housing grant they provided you. This is all done without you ever having to step foot into a government office if you prefer.

About the Author:

For more great home improvement related articles and resources check out http://grantinsider.info

Read more articles by: Jandice Porter
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Article published on September 22, 2006 at iSnare.com