HUD sponsors older home repair grants.
The Department of Housing and Urban Development provides grants to finance repairs and special renovation projects for older homes. These grants can cover projects such as infrastructure and land acquisitions and supplies and equipment purchases. Grants also can cover costs of labor and fees for administrative work or permits. Recipients are not required to repay HUD grants. Does this Spark an idea?
The Main Street Program
The Main Street program provides grants to repair and renovate older buildings and homes in eligible communities within historical districts. This grant also can be used to convert old, abandoned office buildings into affordable condos or apartment units for rent. Such a grant cannot be used for a home that is deemed habitable in its current condition. Communities with fewer than 100 public housing units and 50,000 residents qualify for this HUD grant.
The Main Street Program
Department of Housing and Urban Development
461 7th St.
Washington, DC 20518
202-709-1113
hud.gov
The Neighborhood Stabilization Program
The Neighborhood Stabilization Program gives grants to improve, renovate or repair older residential homes and housing units in certain communities. NSP grants also can be used toward projects such as redeveloping older homes and buildings, creating land banks and demolishing vacant structures to prevent foreclosures in the neighborhood. State agencies and non-profit organizations are eligible to apply for funding. Twenty-five percent of NSP grants must be used to rehabilitate and purchase foreclosed and older homes in order to prepare them to be occupied by lower-income residents and families in the future.
NSP
Department of Housing and Urban Development
461 7th St.
Washington, DC 20518
202-709-1113
hud.gov
The Self-Help Homeownership Program
The Self-Help Homeownership Program or SHOP, provides grant funds for renovation of homes, construction and repair and land acquisitions for expansions. As part of the grant, SHOP requires recipients to assist in the construction and remodeling of their home through physical labor. Eligible candidates include national and regional non-profit organizations that have experience working under SHOP guidelines. Twenty percent of the SHOP grants can go toward administrative (permit) costs. The total project cost for repair and remodeling of your older home cannot exceed $15,000.
SHOP
Department of Housing and Urban Development
461 7th St.
Washington, DC 20518
202-709-1113
hud.gov
Tags: Department Housing, Department Housing Urban, Housing Urban, Housing Urban Development, Urban Development, 20518 202-709-1113, Development Washington