senior homeowners are offered a number of federal, state and local grants to help them maintain and refinance their homes. Seniors can find a number of programs, grants and other funding
“subsidies,” or grants to businesses, other government entities, and homeowners.† ‡ “Total expenditures” include all current expenditures plus: “gross investment,” or “what government spends on structures, equipment, and software, such as new highways, schools, and computers.” This ...
Homeowners installing solar-powered water heaters may qualify for a free IRS program that reduces project costs by 30%. The federal government provides financial incentives for green technologies. The Residential Clean Energy Creditallows you to reduce your tax obligation by 30% for qualified solar wa...
In the months before the tax took effect, high-end real estate sales exploded in L.A., as homeowners maneuvered to unload costly properties ahead of the new levy. The Los Angeles Times reported that celebrities including Brad Pitt and Mark Wahlberg were among those selling homes in the days...
Low Income Home Energy Assistance Program (LIHEAP) helps low-income families and individuals with energy costs, energy crisis help, weatherization and energy-related home repairs. If you use other benefits programs like SNAP or TANF, you may automatically qualify. ...
Government-subsidized insurance available to homeowners makes it feasible for anyone to build a house on a section of coastpne regularly struck by hurricanes. Each major storm causes bilpons of dollars worth of damage in such coastal areas, after which owners who have insurance are able to collec...
First, we illustrate how several government programs might help low-income homeowners obtain free refrigerant-based air conditioning equipment. To qualify, new cooling systems must meet Seasonal Energy Efficiency Rating (SEER) standards. WAP: Install new A/C units, saving enough energy, and may prio...
Rural repair and rehabilitation grants apply only to homeowners over the age of 62 years old with a very low-income. Again, income requirements depend on your region's median income level and cost of living. The grants of up to $7,500 are for the improvement or modernization of individual...
If you’re not eligible for home improvement grants for homeowners but still can’t afford to make the repairs on your own, consider these alternatives: Low-cost loans: Some organizations, such as the USDA and HUD, also offer affordable loans to lower-income homeowners. Keep in mind, unlike...
HUD has several programs designed to help you purchase a home if you qualify. FHA loans One part of HUD, theFederal Housing Administration (FHA), insures mortgages, which makes it easier for buyers to become homeowners thanks to less strict eligibility requirements. The program is popular wite...