Housing grants can make all the difference to prospective homebuyers as well as homeowners who need to make repairs or wish to make improvements to their homes. Fortunately, many buyers and homeowners qualify for these grants each year. Additionally, given that their requirements are often similar, some applicants may qualify for multiple assistance programs.
When searching for grants for homes, it can be worthwhile to explore all of your options and apply for each grant program that you qualify for. You may be surprised at the amount of funding available to you for the purchase, repair or renovation of a home. Learn more about the different places where you can find grant money in the sections below.
You may qualify for housing grants that will help you purchase your first home or repair or improve an existing home, depending on your situation. Knowing where to find these grants is key to getting the help you need a soon as possible.
Grants for homes are available through federal, state and local governments. Federal and state grant programs include:
- The Section 504 home repair program, which is offered through the U.S. Department of Agriculture (USDA)
- Disability housing grants, which can be obtained through the U.S. Department of Veterans Affairs (VA)
- The Weatherization Assistance Program (WAP), which is offered through the U.S. Department of Energy
Additionally, you may qualify for help through local programs. You can start by contacting the Department of Housing and Urban Development (HUD) to learn about the grant programs available in your area. Check with your local and county government housing offices for additional opportunities. These opportunities may also be listed on your county’s official website.
Non-profit organizations are another avenue through which you may be able to find housing grants on a local and state level. Many allow you to perform an online search for local opportunities by inputting your zip code. If you are willing to relocate, consider searching for home buyer assistance programs and other grants away from your area as well.
For additional help finding first time home buyer grants specifically, be sure to contact mortgage lenders in your area to determine if they offer any grant programs. Grant programs are commonly available through lenders, banks and other financial institutions on a regional basis. Furthermore, lenders who are approved for grant programs in your area can refer you to those programs.