Getting a Home Improvement Grant

by Lee Wyatt
(last updated August 28, 2015)

No matter how much you want to improve your home, you are not going to be able to do it without one little thing—money. It has been said, and truly said I believe, that money makes the world go 'round. As anyone knows you can get loans for everything under the sun, including home improvement. Thing is though, did you know that you can also get grant's for improving your home? What exactly is a grant, and why would anyone want to get one?

Well, a grant is basically what it sounds like, a granting of something. In this case, it would be the granting of money for a certain purpose (like repairing or improving your home). The nice thing about grants is that they are a lot like gifts, and as such are not subject to repayment. For that reason alone, it is easy to see how something like this would be wanted.

So, how would someone go about getting a grant? The first thing is to get in touch with the local office of the U.S. Department of Housing and Urban Development (HUD). This is because HUD is the agency that is going to make the determination as to whether you are eligible or not. One of the best places to look for information about HUD is on their website, located at http://www.hud.gov.

Second, there are a couple of simple things that the potential grant recipient should keep in mind. Such grants are designed with a few particular groups of people in mind. Such groups include people who are typically over the age of 62 years old, Native Americans, or people who live in rural areas of the country. Another of the groups this is designed for are people who are financially in dire straits and not able to procure loans in another manner. This would include people that have a low income and are having credit difficulties. So, if you can get a traditional loan from an accredited lending institution (such as a bank), you are not going to have much luck in getting one of these grants.

If you think that you do qualify for one or more of these groups then, go ahead and fill out the applications for one of the grants. There are a few bits of information that you may be required to provide. Such information would be copies of your most recent financial institution statements, tax returns, pay stubs and more. Basically, what you should keep in mind is that anything that has a bearing on your finances should be included in your "packet" of information. The more information that you have at your fingertips while filling out the application, as well as that could be included for submission with your application, the better.

Author Bio

Lee Wyatt

Contributor of numerous Tips.Net articles, Lee Wyatt is quickly becoming a regular "Jack of all trades." He is currently an independent contractor specializing in writing and editing. Contact him today for all of your writing and editing needs! Click here to contact. ...

MORE FROM LEE

Reclaiming Your Lawn

Spotty lawns, foreign grasses, and pets are all common causes for problematic lawns. Reclaiming your lawn doesn't necessarily ...

Discover More

Cleaning Stubborn Oven Racks

For anyone who has ever owned, operated, or simply even tried to clean an oven, there is one area that can cause a groan of ...

Discover More

Cleaning Paint Off of Vinyl

Vinyl is a fairly common material to find around the home (and in some cases, on the home). As such it only makes sense that ...

Discover More

MAX Power! A powerful lithium-ion drill/driver that delivers 0-to-650 RPM and 115 inches-per-pound of torque in a lightweight, easy-to-use package. An anti-slip soft grip and LED worklight makes this tool a delight to use. Check out Black & Decker 20-Volt Cordless Drill/Driver today!

More Home Improvement Tips

Home Improvement Financing

The largest stumbling block that many people face with home improvement projects is the financing. There are more options for ...

Discover More

Common Tactics for Lowering Utility Bills

A few small tactics for lowering your utility bills are to unplug cell phone chargers when you're not using them, place your ...

Discover More

Getting Home Insurance

Home insurance, unlike car insurance, is not legally necessary if you own your home outright. However, just because it is not ...

Discover More
Subscribe

FREE SERVICE: Receive an e-mail several times each week with a featured home improvement tip. Enter your address and click "Subscribe."

Comments

If you would like to add an image to your comment (not an avatar, but an image to help in making the point of your comment), include the characters [{fig}] in your comment text. You’ll be prompted to upload your image when you submit the comment. Images larger than 600px wide or 1000px tall will be reduced. Up to three images may be included in a comment. All images are subject to review. Commenting privileges may be curtailed if inappropriate images are posted.

What is four less than 6?

There are currently no comments for this tip. (Be the first to leave your comment—just use the simple form above!)


Subscribe

FREE SERVICE: Receive an e-mail several times each week with a featured home improvement tip. Enter your address and click "Subscribe."

(Your e-mail address is not shared with anyone, ever.)