Home repairs can get outrageously expensive.
Its focused on people ages 62 and old who reside in rural areas.
Other programs exist, many on the state and local level.
Thinking about replacing that water heater? Here’s how to save money onenergy efficient home improvements.
Our team has compiled alist of creative waysyou can fatten your bank account this week.
This is a long list, so dont get overwhelmed.
Well keep it updated as offers changes or expire.
What Are Section 504 Grants?
To qualify, your adjusted household income cantexceed 50%of your areas median income.
Who Can Qualify for Home Repair Grants?
The program provides grants to local agencies, which then partner with qualified contractors to perform weatherization upgrades.
Because each state administers its own Weatherization Assistance Program, youll need tofind contact informationfor your states program.
How much money is available for those who qualify?
Unfortunately, theres no national maximum amounts listed on federal websites.
Youll need to reach out to your local agency to get more information.
Before you apply, understand that home repair grants for seniors tend to have waiting lists.
But the government isnt the only resource available to help with home repairs and energy upgrades.
National nonprofits are also here to help, too.
it’s possible for you to find your nearest location by usingthis tool.
Information on how to apply can be found on each affiliates website.
Habitat for Humanity also provides financial education and support to homeowners, helping them achieve long-term stability.
you might find more information on how to apply for a Habitat Homehere.
While their primary focus is on low-income families with children, GHHI also offers assistance to older adults.
However,direct servicesare only available to residents in four U.S. cities.
Rachel Christian is a Certified Educator in Personal Finance and a senior writer for The Penny Hoarder.
She focuses on retirement, Medicare, investing and taxes.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
