How Long Will it Take to Get the Grant Money?
You are not going to apply for a program and get a check for $100,000 by next Tuesday. This may actually happen to you, and if it does, call me and I’ll put you in my next infomercial. But this is not likely to happen to you. There are programs set up to give out emergency money and their mission requires them to operate quickly. But in 15,000 programs this is very rare. A few weeks is actually fast for these programs. It may even take a few months.
There are many people who say that a few months is a long time and they would rather not apply for the money. I say this is nonsense. If this is a long time for you then maybe you should not apply for the money. But I guarantee you that in the world of money a few months is no time at all to wait for someone who is going to give you $200,000 to buy a home. I’ll bet you can’t even remember what you did for the last few months.