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What are the different types of housing grants?

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Housing grants from the U.S Department of Housing and Urban Development include the Community Development Block Grant, grants for Native American communities and grants to promote self-sufficiency for families living in public housing, according to HUD. The Community Development Block Grant is a program that funds a wide variety of improvements for communities with special needs.

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Started in 1974, the Community Development Block Grant provides funding to 1,209 local government bodies and state governments nationwide as of 2015. Focused on the needs of low- and moderate-income citizens, the Community Development Block Grant is intended to provide dignified housing, decent living spaces and expanded economic opportunities, notes HUD.

HUD's Neighborhood Stabilization Program provides funding for areas struck by national disasters, reports HUD. These grants are used to buy, repair and redevelop homes. This HUD program also provides funding for colonias, or settlements, near the U.S.-Mexico border, where residents often lack basic amenities such as electricity and running water.

Eligible veterans can receive housing grants from the U.S. Department of Veterans Affairs. The Specially Adapted Housing Grant pays for building or remodeling homes for veterans with service-related disabilities. Eligible disabilities include the loss of use of one or more legs, notes the U.S. Department of Veterans Affairs.

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