Friday, November 6, 2009

Where can I find grant money for rebuilding a 40 year old house?

looking for money to rebuild a house that was left to me and it is 40 years old and sitting on 13 acres. the windows need done, the flooring need to be done and the bathroom. So I'm looking for grant money that would help me out.

Where can I find grant money for rebuilding a 40 year old house?
Good luck with that. Unless you are low income or a person with a disability, you will have little chance of finding grants for that. However, if you do meet that criteria, check with your county government--they may have HUD HOME funds that may be used for housing rehabilitation. If you arein an urban county, it may also have CDBG funds which can be used for rehab of homes. Keep in mind though that grant funds for housing rehab are usually designated for specific low income, usually high population density target areas; even if your county has those funds, their funding award may exclude where your home is located. HUD Section 8 funds are for rental or homeownership, but cannot be used for rehab, the house has to meet the Section 8 housing quality standards first.


Don't get your hopes up, very little chance you will find anything in the way of an actual grant. If you own the home and the land, you certainly might qualify for a loan to repair the home.
Reply:Unless you are living in a downtown area being refurbished (and I doubt you are since you have 13 acres), you will not be successful.





I suggest instead that you log some of those acres to pay for the repairs.


No comments:

Post a Comment

 

money Copyright 2008 All Rights Reserved Baby Blog Designed by Ipiet | Web Hosting