Minorities have access to grants to help buy or renovate a home.
Finding a home that is affordable in America can be a very difficult process. If you are a low-income individual or in a minority, the task of purchasing a home can be made even more difficult. Finding the money for a down payment and getting a loan are major hurdles for minorities looking to purchase a house. There are many sources of funds from the federal government aimed to make it easier for members of minorities to secure the money necessary for a loan or overcome housing discrimination. Fair-housing and community development are top priorities of these organizations.
Fair Housing Initiatives Program
The U.S. Department of Housing and Urban Development is providing grants to local nonprofit groups that strive to improve housing opportunities for minorities. These funds go to groups that work with housing programs to provide affordable housing to minorities and that crack down on companies that discriminate against minorities who apply for home loans and apartments. The Fair Housing Initiatives Program also works with local and state governments to end housing discrimination and help minorities find an affordable place to live.
Fair Housing Initiatives Program
U.S. Department of Housing and Urban Development
451 7th Street S.W.
Washington, DC 20410
202-708-1112
hud.gov
Indian Housing Block Grants
Native Americans are the groups in the U.S. that face discrimination. and the Department of Housing and Urban Development is working through housing block grants to provide them with affordable housing. This program provides grants to individuals and tribes to purchase or renovate homes and affordable housing complexes. Grants are available to low-income Indian families on Indian reservations or Indian tribes that are working to improve the quality of life and living conditions for their people.
Indian Housing Block Grants
U.S. Department of Housing and Urban Development
451 7th Street S.W.
Washington, DC 20410
202-708-1112
hud.gov
Self-Help Homeownership Opportunity Program
The Department of Housing and Urban Development works to provide home ownership opportunities to low-income families and minorities that would normally not have the chance. HUD provides grants to qualifying nonprofits and government groups that make available housing to low-income families. According to HUD's website, these funds can be used to purchase land and homes, renovate or rebuild existing property or pay administrative costs associated with purchasing and maintaining a home.
Self-help Homeownership Opportunity Program
U.S. Department of Housing and Urban Development
451 7th Street S.W.
Washington, DC 20410
202-708-1112
hud.gov
Tags: Department Housing, Department Housing Urban, Housing Urban, Housing Urban Development, Urban Development, groups that, Program Department
