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  2. Government grants for home improvements - AOL

    www.aol.com/finance/government-grants-home...

    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 ...

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

  4. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    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 ...

  5. Section 504 loans and grants - Wikipedia

    en.wikipedia.org/wiki/Section_504_loans_and_grants

    Section 504 loans and grants are a USDA rural housing repair program authorized under Section 504 of the Housing Act of 1949. Under current regulations, rural homeowners with incomes of 50% or less of the area median may qualify for the Rural Housing Service (RHS) direct loans to repair their homes. Loans are limited to $20,000 and have a 20 ...

  6. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.

  7. Mortgages and loans to pay for home renovations - AOL

    www.aol.com/finance/mortgages-loans-pay-home...

    One advantage of a HomeStyle loan is that it’s a single debt with one monthly payment; you don’t have to take out a loan for the mortgage and another loan for home repairs. Getting one loan ...

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