Friday, November 20, 2009

Roof Replacement Grants

Grants might help some homeowners replace their roofs.


Depending on materials, the home's square footage and the roof's pitch, replacing a roof can cost from a couple of thousand dollars to tens of thousands. Those who need assistance with repairs can turn to several government grants. Does this Spark an idea?


Department of Human Services


Your local Department of Human Services might be able to provide assistance in replacing your home's roof. Applicants for financial aid up to $1,500 must be permanent residents of the home by being owners or purchasers. The home must not be up for sale or at risk of being lost by the owner. Repairs are only approved if they are essential to make the home livable. A Department of Human Services specialist can determine your eligibility for the program at your local office.


Neighborhood Stabilization Program


Under the Housing and Economic Recovery Act of 2008's Neighborhood Stabilization Program, more than 360 communities across the nation were awarded $5.85 billion to buy and fix foreclosed or abandoned homes and redevelop demolished or vacant properties. Home buyers might receive money from recipients of Neighborhood Stabilization Program funds, but not directly from the department of Housing and Urban Development (HUD).


USDA Rural Development Grant


Low-income homeowners 62 years old and older in rural areas may apply for a U.S. Department of Agriculture grant to repair their homes. Funding, up to $7,500, may only be used to make a dwelling habitable or to provide access to a member of the household with disabilities. If the property is sold in less than three years, grant funds might be seized.







Tags: Department Human, Department Human Services, Human Services, Neighborhood Stabilization, Neighborhood Stabilization Program