Get Your Share of Free Government Money
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.