There are federal grants available to assist low-income people and senior citizens with essential home repairs that would otherwise be unaffordable. These federal grants cover a wide range of home improvement projects. Grant money is distributed to individuals and community groups that cater to low-income individuals or senior citizens.
The USDA's Section 504 Home Repair Loan and Grant funds given to low income families must be used for removing health and safety hazards in the home. Grant money may be used to fix a leaking roof, faulty heating, windows, plumbing and other necessary repairs. To receive funds, applicants must meet strict eligibility requirements. Those requirements include being a legal U.S. citizen. In addition, applicants must be legally capable to incur debt, have a reasonable credit history, have an income that is very low and be the owner of a residence.
Several nonprofit organizations receive home-improvement funding. According to AARP, one of the organizations is Habitat for Humanity, which received money to repair over 50 low-income homes. Rebuilding Together is another grant recipient. This organization uses the money to assist low- and moderate-income homeowners with home-improvement projects. Organizations work within local communities and make funds available to individuals or for neighborhood projects.