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Get Your Share of Free Government Money

02/21/2012 21:02

Get Your Share of Free Government Money



It’s a little-known fact that every year, billions of dollars in federal grant money are awarded to qualifying individuals throughout the United States. This free government money has distinct advantages over loans in that they never need to be paid back -- making them ideal for anyone in need of a cash infusion without the means to repay the money. As such, it’s well worth your time to investigate your government free grants options, so you can get the money you need for your education, housing, business or any number of other different needs.



What are some of the available grants? We’ve compiled a quick guide below to some of the most common ones -- specifically, grants for home buying, rental assistance and other property-related expenses. Don’t let this list limit you, however. If you can imagine it, there is likely a grant out there to finance it -- so use this list merely as a starting point in your research.



Housing Grants

With the economic downturn came a huge bust in the housing market, with many homeowners finding themselves in foreclosure and would-be homeowners finding themselves farther and farther away from their dreams of home ownership. Housing grants have allowed many of these people to reclaim their dreams and get the money they need, without turning to bank loans and other avenues that are likely out of their means.



Even if you have a bank loan, housing grants can reduce your debt and make your monthly payment more manageable. They also can help to cover not only a mortgage, but also home repairs, rental costs and more.



Rural Housing Grants

Special grant assistance exists for individuals who want to buy or build a home in an eligible rural area. If rural living appeals to you, it’s well worth your while to investigate the free government grants money available for rural home purchases.



Rehabilitation Grants

If you have an interest in restoring a dilapidated property, you might qualify for a rehabilitation grant. With the high number of recent foreclosures, many housing units are left either damaged or uninhabited and must be restored to become livable. With a rehabilitation grant, you can restore the property, along with its value, and potentially turn a profit at the same time if you sell the property.


We’ve only scratched the surface of the available free grant money available, not only for housing and rental needs, but for a variety of personal and business expenses. If you’re prepared to do your due diligence and apply for grants for which you qualify, you can get the money you need without relying on banks to finance your goals.

How to Get Free Government Grants

02/21/2012 21:00

How to Get Free Government Grants

If you are in need of financing for your business, organizational or personal needs, there are many different avenues you can pursue, from loans to venture capital. However, one of the best ways to finance your dreams comes in the form of free money -- that is,free grants.

Perhaps the greatest benefit of grant money is that unlike loans, you do not need to pay back the money you use. What’s more, there are billions of dollars available for the taking for those who are willing to do their due diligence to find grants for which they qualify. Just in the United States alone, more than $650 billion in grants have been distributed to qualifying individuals and entities.

Are you ready to get your share of these billions? Below, we have compiled a few frequently asked questions about free government grants to guide you along as you seek out grant funding.

Where Is This Money Coming From?

The Economic Stimulus Package of 2009 made billions of dollars in free grants available as part of the federal government’s plan to stoke the economy. Some of the qualifying recipients include federal programs, private foundations, scholarship programs and more. The government further allocated new grant funds in 2010, with billions more in grant funding given to individuals.

Who Is Eligible for Grant Money?

The good news is that there is no limit on how many grants for which you can apply. If you are a U.S. citizen, you qualify -- and you should apply to as many grants as necessary to get financing for your new venture, education, housing, green living incentives and more. Certain individuals may qualify for specialized grants, such as women, minorities and single parents. With a little research and our helpful grant guides, you can find a grant that works for you and your unique situation.

How Are Grants Different From Loans?

As mentioned earlier, grants do not have to be paid back the way loans do. Free money really does mean free. In addition, there are no credit checks, collateral or co-signers required with the grant application process. So even if you have poor credit, a bankruptcy or other negative financial history to your name, you are still eligible for grant money.

Yours for the Taking

There is no reason not to apply for free grants money, especially since it’s free and available for eligible recipients. Although the research and application process may take some time and effort, the end result will be worth it if you are awarded the grant money you need.


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