Housing grants are a great way to get the financial assistance you need to own your own home or improve the one you’re in. There are a lot of places online that try to charge people money with the promise of delivering housing grants; beware of these scams. There is plenty of info available on the Internet and it’s possible for you to get housing grants without having to turn over any of your hard earned money.
The first thing you want to do is come up with a list of your qualifier for housing grants. Qualifiers are aspects of your personal situation that may qualify you for housing grants. Are you a first time homebuyer? Are you over the age of 62? Are you disabled? Are you a veteran? Is your income at or below the poverty level? Is your income at 130% of the poverty level? Are you a developer or non-profit that is rehabbing multi-unit properties? These are all situation that may qualify you for housing grants. If you didn’t answer yes to any of those questions, don’t worry, there are still housing grants that you may qualify for, it will just take a little bit more work to find them.
Next, you want to make a list of your needs that housing grants may help with. Do you need down payment assistance? Renovation assistance? Repair assistance? The more specific you are, the more likely you are to not only find housing grants, but to get one. There are housing grants to assist in updating homes and making them more energy efficient. There are even housing grants available to help with rent payment. If you have a need, there are probably housing grants to help you, it will just take patience to find them. If there is not a housing grant available now that meets your needs, that doesn’t mean there won’t be in the future.
Once you’ve come up with a clear picture of what you need, what your income level is, and any other qualifiers you may have, you can head over to www.grants.gov. This website is a great starting place in your search for housing grants. It is a government run site and provides information for both housing grants from HUD and other organizations. If you don’t find what you are looking for, make sure to signup to receive notifications of new housing grants as they become available. Whether you find a housing grant on www.grants.gov or on another site, research the grant to make sure you qualify for it and that you understand any stipulations.
When you find a housing grant that you want to apply for, make sure that you read the instructions carefully and follow them to the letter. Don’t give the person reviewing your application any reason to turn you down. Always have another person review your housing grant application before you submit it, a fresh pair of eyes will catch mistakes that you may have missed. Getting a housing grant takes patience and attention to detail, but if you have a genuine need, the payoff for pursuing housing grants can be worthwhile.