Search Our Online Directory

What is a Housing Grant?

Did you know that you could receive grant money from the government to pay rent, make a down payment or for home renovations? It doesn't matter whether you are a low-income, first-time buyer, or have a marginal credit history.

There are millions of dollars available as state and federal housing grants waiting to be claimed by qualified renters and buyers. It is estimated that over $20 billion in federal grants will be awarded to low-income housing programs in 2009 alone. In addition to paying rent or mortgage, many home renovations now qualify for housing grant subsidies.

The federal government has implemented several different programs that offer money for housing grants related to repairs in your home. Heat and cooling renovations are two of the biggest housing grants categories available today.

Government housing grant programs for insulating and caulking homes to increase their energy efficiency have also been recently added to the list. In this respect, housing grants pay you to reduce your annual energy bills. You could qualify for a tax-free housing grant that will provide you with the money to improve your home and make it more habitable and energy-efficient in the process.