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Home Repair Grants For Low Income Senior Citizens

Posted on by Home Grants
 
Getting your home repaired can be a huge challenge if you are running out of money. A repaired, remodeled and renovated house can be an essential need for senior citizens that will enable them to stay in their homes securely and have better accessibility.
 
However, the costs of repairing are expensive and unaffordable with low savings and no income.
 
Well, grants from the government, nonprofits, state and local governments, and community agencies can financially support the expenses.
 
 

HUD Home Improvement Grants

Very Low Income Grant Program by HUD

It offers federal grants and loans for home repairs to senior citizens residing in eligible areas and having the stated low-income level. Administered by the U.S. Department of Agriculture (USDA), the grants are given by the rural development offices that offer grant amount up to $7,500, home repair loans up to $20,000 and grants and loans combined up to $27,500 to 62 or older senior citizens.
 
Also named as the Single Family Housing Repair Loans and Grants, the grant program facilitates in modernizing, repairing and improving homes and removing safety and health hazards.
 
 
 

Eligibility Criteria

  • Must have a family income less than 50% of the area median income
  • Must be the homeowner and occupant of the house
  • Should not be able to get affordable credit elsewhere
  • Must be 62 years or above
  • Cannot repay a repair loan
The interest rate for the loan is 1% that can be paid back over 20 years and grants have lifetime limit up to $7,500. However, a combined loan and grant is given if partial re-payment is possible.
 
Look up the Department of Health and Human Services Eldercare Locator website and browse the Home Repair and Modification section.
 
 
Home repair loan is also available from HUD given by private lenders that are HUD insured.
 

State Grants

Medicaid Home and Community Based Services

Many states have Medicaid waivers that offer monetary help for home modifications to assist seniors to live independently in their homes. The eligibility criteria and benefits may differ from state to state. Get more information from the Medicaid office.
 
 
Besides, states and local governments offer assistance programs like ‘deferred payment loans’ and ‘nursing home diversion programs’ that offer grants, loans or combination of both to low and moderate income earning seniors for home modifications.
 
These may include home repairing like insulation, roofing, heating and cooling, storm windows, weather stripping and modifications like installing wheelchair ramps, grab bars or handrails.
 
You may also apply for weatherization and window replacement grants for improved energy efficiency.
 
 
Also, check for state, nonprofit and municipal housing agencies’ home repair programs. Contact the state housing finance agency, Area Aging Agency or your city housing authority for more information.

Nonprofit Organizations

Home repair grants for senior citizens are also given by nonprofits like Habitat for Humanity, Rebuilding Together, PacifiCorp Foundation and Salvation Army.
 
 
Get your senior citizen home repair grants today and live independently.
 

 

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