Q:

How are grants received for home improvement?

A:

Quick Answer

Low-income homeowners may qualify to receive home improvement grants through various resources, including the United States Department of Agriculture. Homeowners can contact their local United States Department of Agriculture department, determine if they meet the necessary qualifying stipulations and apply for a grant of up to $7,500.

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Full Answer

Home repair grants are usually reserved for people who cannot qualify for a home equity loan, line of credit or personal loan because of their age, bad credit history or low income. Homeowners who want to apply for and receive a home improvement grant should apply through their local USDA, show proof of ownership of their home and proof of income, and provide the reason the home needs repairs. Grants usually stipulate that the work performed on the home must be done by a licensed contractor. Grant applications are processed in the order in which they are received.

There are strict guidelines attached to federal government home repair grants, so homes that have safety concerns like structural issues or electrical wiring problems are usually considered a priority for receiving grant money. Local government may also have grant money available for people in need of emergency repairs, such as the need for furnace or water supply repair.

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