Senior Housing Grant Guide

Housing grants are available for various home-based needs. Read this informative housing grant guide and learn how to apply for housing grants in 2021.

A housing grant is money awarded to qualified recipients for the purpose of building, buying, repairing, renovating, or simply affording a home. First-time homebuyers, home repair, government housing and housing grants for seniors are all available if you know how to locate the programs and meet the qualification requirements. Some consumers are aware of the benefits grant money offers, while others might not have even known senior housing grants exist. 

The concept of free money in 2021 seems too good to be true. Most grants do not require repayment, however, provided the money is used for its intended purposes. Read ahead for an informative housing grant guide and learn how to apply for housing grants in 2021.

How to Get Housing Grants in 2021

Most grants are awarded to recipients who prove they are experiencing exceptional financial hardship. This is true no matter what the year, but 2021 includes additional options and reasons proving the necessity of housing grant programs. Typically, applicant income and household statistics bear the most importance pursuant to qualification factors. Income tends to include cumulative household income. Additional household statistics include the number of qualified dependents an applicant has and how many people live in the home. Local and regional economics also play a role in grant program approval and the disbursement of funds.

The U.S. federal government provides funds to approximately nine hundred grant programs across the country for various purposes - but you might not know it. This is because the federal government often transfers grant money to organizations at the state level, which then disburse the funds accordingly based on the specific needs of state residents and regions. This is partially why impoverished regions tend to receive more grant money than affluent areas.

Obtaining a housing grant in 2021 is a competitive undertaking. Your needs might be equal to the needs of another household in a different county or region, but the money is awarded to the applicant living in the area experiencing worse overall financial conditions. Grant programs are available to help keep individuals and families in their homes after COVID-19 or natural disaster-related financial hardships. One significant benefit when applying for grant money in 2021 is a person qualifying for one program is not disqualified from obtaining grant-based funds from multiple others simultaneously.

Home Repair Grants

Home repair is expensive and not every homeowner is able to afford them. This is especially true for people who lost their jobs or seniors forced to spend their savings or retirement money to survive throughout 2020 and 2021. Various repair grants are available to pay for home renovations, upgrades, repairs, and additions. Some of these grant programs are available for any qualifying applicant while others are offered only to U.S. senior citizens. 

The Rural Repair and Rehabilitation grant is awarded to homeowners who are age sixty-two and older. The program is sponsored by the U.S. Department of Agriculture (USDA) and is designed to provide funding for senior homeowners who are disqualified from receiving Rural Repair and Rehabilitation loans. The Rural Repair and Rehabilitation grant awards up to $7,500 to qualified seniors for home improvements and repairs. The Department of Aging has offices in many U.S. states and is a surprising source of grant funds to many people. Department of Aging grant programs vary per state pursuant to funding purposes and qualification requirements.

For example, the Community for Life program (Maryland) awards home repair and safety assessment grant money to seniors aged sixty and older. The Multipurpose Senior Services Program (MSSP) is sponsored by the California Department of Aging. This program awards grant money for minor home repairs but is multi-purposed to fund additional needs as well. PayingForSeniorCare.com and the U.S. Department of Health and Human Services (HHS) are both excellent resources for more information on home repair grant programs available today.

The U.S. Department of Veterans Affairs (VA) also offers housing grants to veterans of the U.S. military services and their qualified surviving spouses. Funds are usable to modify homes to accommodate disabilities and mobility issues. The Specially Adapted Housing and Special Housing Adaptation programs are additionally dedicated to reducing homelessness among former U.S. service members as well.                  

First-Time Homebuyers Grants

U.S. federal and state governments both promote home ownership by offering specific grant programs to qualified first-time homebuyers. These programs are important because they offer opportunities for people to purchase a new home who are either unqualified for a mortgage loan or unable to afford the purchase. Stipulations when awarded grant funds from a first-time homebuyer program include purchasing a home in a designated area of your state or the country as a way of improving those area’s communities and economic status.

The U.S. Federal Housing Authority (FHA) provides funds to individual states for down payment assistance grants. These programs go by many different names in each state and have state-specific qualification factors as well. Funds from these programs essentially reduce down payment requirements for first-time homebuyers by a significant amount or cover them entirely. Additional resources for individual state-based down payment assistance programs are available HERE.

Government Housing Grants

The U.S. Department of Housing and Urban Development (HUD) provides multiple ways for people to apply for federal government housing grants. Applicants who might not qualify for Fannie Mae and Freddie Mac conventional loan programs might be eligible for government housing grant money instead. The federal government requires each grant applicant and recipient to register with the System for Award Management (SAM). This helps ensure proper disbursement of awarded funds, while simultaneously preventing mistakes and fraud. HUD discretionary grants, which are funds usable for useful but not required purposes, are available through Grants.gov. HUD also has state offices, which offer housing grant programs. Additional government housing grant programs and resources to help find them include:

Housing Grants for Seniors

Various sources of housing grants for seniors exist ranging from government or religious through charity and private-based organizations. For example, both the Catholic Charities and Salvation Army organizations offer housing assistance grants for seniors in need. The National Low Income Housing Coalition (NLIHC) facilitates both rental and housing grant-based assistance for seniors and others in need as well. Some seniors need grant money for long-term care housing expenses as opposed to repairing or staying in their own homes. Multiple housing grants for seniors exist for all these purposes and are accessible through the following resources: