I need a grant to pay for a new home or to remodel my home; are there home-owner grants for these types of endeavors?

  • July 30, 2013

No! Whoever told you that doesn’t know what they are talking about or they are trying to scam you. There are very few home-owner grants available for buying or remodeling homes unless you plan to use the facility to provide shelter or housing solutions for the disabled, elderly, and/or impoverished children and families. 

There are, however, local and state programs (not direct home-owner grants) available to support low-income families in purchasing their first homes through individual development accounts, low-interest loans, and/or construction support activities.  Contact your city/county housing authority, local banks, or Mayor’s office for information on these types of programs. To learn more about the types of funding available to you, consider partnering with a funding subject matter expert for guidance and advice.

Need more FAQ’s? Check out our other FAQ blog post here. https://www.ebhoward.com/faq/?v=7516fd43adaa

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