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The down payment can help fund new housing or the rehabilitation of a family's existing housing. [2] Building or rehabilitation of housing for rent or ownership – In this type of activity, HOME funds may fund the building of housing units that the government provides to low-income families. The families either pay a monthly rent or may ...
The Home Investment Partnerships Program (HOME) – This HUD program provides grants to state and local governments that can be used to create affordable housing options for low-income households ...
Local government grants are offered by counties, cities, and municipalities to support local initiatives. These grants often target community-specific needs, such as housing, transportation, public safety, and cultural programs. Local governments may also pass through federal and state grant funds to local organizations.
In the United States, federal assistance, also known as federal aid, federal benefits, or federal funds, is defined as any federal program, project, service, or activity provided by the federal government that directly assists domestic governments, organizations, or individuals in the areas of education, health, public safety, public welfare, and public works, among others.
The USDA Single Family Housing Repair Loans and Grants program assists homeowners aged 62 and older. The program exists to help promote “safe, decent housing for older adults in rural areas.”
The HOME Investment Partnerships Program, managed by the Department of Community and Economic Development, allocates grants to local municipalities to increase and improve the availability of low ...
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