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Section 504 Home Repair Program – This program provides loans and grants to low-income and elderly homeowners, respectively, to help cover the cost of repairing or modernizing their single ...
Maximum loans are $40,000 and maximum grants are $10,000, which can be used for improvements or renovations that make your home safer, more accessible or remove health and safety hazards ...
Some organizations, like the USDA and LIHEAP, offer specific grants for safety and accessibility improvements. Navigating home renovations—especially with inflated costs—as you age in place ...
Project grants are the most common form of grants and a large number are found in scientific research, technology development, education (such as Federal Pell Grants), social services, the arts and health care types of assistance. [citation needed] Formula grants provide funds as dictated by a law. Examples of this type of grant includes Aid to ...
Home purchase or rehabilitation financing assistance – In this type of activity, the HOME program may provide a down payment for the purchase of a housing unit to a financial institution, thereby reducing the monthly mortgage payment of the loan balance for a low-income family that otherwise could not afford the monthly payment. The down ...
Tennessee adopted energy efficiency improvements in wastewater and water treatment facilities. Outdoor lighting projects were also included within chosen facilities. Along with Alabama, the changes made in Tennessee contribute to approximately 18 million saved kilowatt hours of energy annually and $1.6 million saved in annual energy costs. [17]