We have all seen the commercials on television with a very hyperactive man, holding a thick book in his hand, claiming to know how to get free government grants of a large amount of money. He claims that he can help you get $25,000 to write a book or travel abroad. Of course, you have to purchase his book. Do you really think that the typical U.S. citizen would allow their tax dollars to be spent in such a manner?
The government of the United States does have grant money available, some of it being accessible to average citizens. A portion of this available grant money is set aside for homeowners who are in desperate need of financial assistance for unexpected home repair costs, such as a leaking roof or a boiler that has had its better days.
The best place to start when looking for a home repair grant or low interest loan is at your local town hall. The Department of Housing and Urban Development, (HUD) has the information that you will need to get started on your quest for financial assistance.
Your local town hall has rules that they must follow. For instance, they have to give you at least three names of credible repair persons or companies for you to get quotes for the repair work. These rules have been put into place for your protection as well as theirs, to protect the town from price gouging and favoritism. Patience is a must when working with government programs. After all, you are just requesting to receive some of your hard-earned tax dollars back.
HUD and your local town government also have contracts among local businesses and repair shops to actually be “on-call” for when an emergency situation arises. Most of the time, you do not need to pay the full amount of the bill because the town has one of these businesses on their payroll.
For example, say that your heating system in your home is not functioning properly. You call a repairman to come and look at it, and they inform you that you need $1,000.00 worth of work on your boiler. If you called the town hall, they would immediately give you the names of three qualified repair companies who would come to your home to evaluate the problem.
Since these companies have partial income from being on the town’s payroll, you may only have to pay $300.00 for parts and a bit of work as opposed to the $1,000.00 for the non-contract repair company. It works well on your behalf to contact your local government agencies.
For most of these programs, there are guidelines and criteria that you must fall into, most of them based on your annual income. These guidelines vary from town to town, city to city, and state to state across the U.S.
If you are a family of four making under $55,000 a year, you will be in the best position to receive all of the government’s benefits. As your income increases, fewer options will become available to you. But you don’t have to worry yet, as the people who work at the town hall in this department are there to help you.
They will be able to put you on the fast-track to getting the finances that you need with other programs if necessary.