Home ownership is a dream for many senior citizens.
Safe, affordable housing is a necessity for people of all ages. Senior citizens who reside in the state of Wisconsin might benefit from a number of grant programs that are designed to offer access to home ownership for low-income seniors. These grants can be used to build a house in the Badger State or make necessary additions and improvements in order to make the home safer, more wheelchair accessible or energy efficient. Does this Spark an idea?
Wisconsin HUD Grants
The U.S. Department of Urban Development is a federally funded organization that provides grants to low-income applicants for the purposes of obtaining safe and adequate housing. These grants are distributed on individual state levels and may be used toward the down payment on a home, to make necessary housing repairs in order to make existing structures safer and better insulated or for the construction of additional rooms or ramps in order to make the home more wheelchair friendly. Wisconsin seniors who wish to apply for HUD-based grants can do so by applying directly through their local Wisconsin HUD office for approval.
WHEDA Foundation Grant
Low-income or frail elderly seniors might qualify for housing grants issued through The Wisconsin Housing and Economic Development Authority. These grants are administered on an annual basis and may be used to help applicants who meet qualifying financial criteria to obtain down payment assistance toward the building of a home. Grants issued through WHEDA may also be used to make necessary additions and structural repairs on existing homes in cases where the home has become unsafe as a result of age or is in need of alterations to make the home more friendly to those who suffer physical handicaps. Interested applicants may apply directly through the Wisconsin Housing and Economic Development Authority.
VA Supported Housing
Disabled or homeless elderly veterans throughout the state of Wisconsin might qualify for grants that are designed to provide permanent housing for honorably discharged members of the U.S. military. These grants, issued through the U.S. Department of Veterans Affairs, may be used to help homeless, disabled or economically disadvantaged veterans to obtain down payment assistance that can be used toward the purchase of a home. Grants may also be used to make structural repairs or for the building of additional ramps, rooms or lifts that will make the home more user-friendly for veterans who suffer from service-related injuries that have resulted in a disability.
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