Grants And Loans

Down Payments and Sweat Equity In Florida

Grants and low interest rate loans are available for down payments in Florida. For new home construction and rehab homes, some programs allow a person to use work (sweat equity) as a down payment. Contact: Affordable Housing Concepts, Inc. 809 E. Bloomingdale Ave, Wuite 395, Brandon, FL 33511

Visit: www.affordablehousing.com

8000 for Start up and Monthly Payments

Georgia provides a voluntary statewide pre-kindergarten program for four-year-olds. The purpose of the program is to provide full day, five days per week, 36 weeks a year program to eligible four-year-olds. The Office of School Readiness provides centers with assistance through money for start-up and monthly payments, training and other resources. Office of School Readiness, 10 Park Place South, Suite 200, Atlanta, GA 30303; 404-656-5957; 1-888-4GA-PREK; Fax: 404-651-7430.

Visit: www.osr.state.ga.us

Achievement Award + Cash Award for Charity

The Heinz Family Foundation R.O.S.E. Achievement Award recognizes a woman survivor of violence for her work and achievements in the area of ending violence against women. The recipient’s choice of nonprofit organization receives the cash award. Contact: The R.O.S.E. Fund, Inc., (formerly Ryka Rose Foundation), 175 Federal St., Ste. 455, Boston, MA 02110; (617) 482-5400; Fax: (617) 482-3443

Visit: www.rosefund.org

Free Classes and Fee based Seminars On How To Get Grants

The Foundation Center in Atlanta has a wide range of information about possible sources of funding. The Center offers workshops for the beginner grant seeker. They also have a library located at 50 Hurt Plaza, Atlanta, GA 30303. The phone number is 404-880-0095 or 94. An online database of 5,600 foundations and public charity programs is available for a monthly fee.

Visit: fdncenter.org/atlanta/

Entrepreneurs Can Get Their Loan Payments Back

Flexible small business loans, training, and technical assistance are available to start-up businesses in Garret County, MD. The county’s Community Action Committee administers a comprehensive Microworks program for those looking to start a business. Microworks makes loans ranging from $500 to $15,000 and offers deferred repayment schedules. A portion of each payment made on time will be put into a reserve fund that will be refunded to the borrower upon total repayment of the loan. Technical assistance and educational services for participants include entrepreneurial training courses and seminars, networking meetings and opportunities, design and production of print materials, marketing and advertising plan creation, tax preparation, financial counseling, business plan preparation, and access to a complete lending library. Contact: Garrett County Community Action Committee – Microworks, 104 E. Center Street, Oakland, MD 21550. 301-334-9431

Visit: www.garrettcac.org/

30000 To Finish College

The Jack Kent Cooke Undergraduate Transfer Program awards scholarship grants in amounts up to $30,000 each to students and recent alumni from community colleges or two-year institutions who transfer to and will pursue bachelor’s degrees at four-year institutions. Jack Kent Cooke Foundation, 703-723-8000

Visit: jkc@jackkentcookefoundation.org

Join the Club and Get a Home For 500 Down

HomeFree USA features financial assistance programs as well as education, referral and counseling services for prospective buyers in the metropolitan Washington area. Membership is required for participation in programs. Members have access to a variety of financial aid packages related to homeownership, including money for downpayments, closing costs and access to special money-saving mortgage programs. HomeFree offers a mortgage plan requiring $500 down and closing cost grants that do not need to be repaid. Also offered to members are assistance with credit, debt, and tax issues, counseling on savings, debt and budgeting, access to a number of mortgage professionals, assistance in applying for a mortgage, classes in smart homeownership, and step-by-step counseling to make sure the member’s financial interests are protected in the home buying process. Contact: HomeFreeUSA, 318 Riggs Road, N.E., Washington, D.C. 20011. Phone: (202) 526-2000 or (800) 289-4632; fax: (202) 526-4072

Visit: www.homefreeusa.org

13000 Per Year Of Loan Forgiveness For Rural Physicians

This program is offered to first, second, or third year primary care medical residents who plan to practice full-time in a designated rural area in Minnesota. Selected participants are eligible for four years of loan forgiveness. During each year that a participant serves as a physician in a designated rural area for a minimum of 30 hours per week for up to four years, the ORHPC will pay directly to the participant an annual lump sum of approximately $13,000. Applications are available by contacting the Minnesota Department of Health, Office of Rural Health and Primary Care, Attn: Loan Forgiveness Program Officer, P.O. Box 64975, St. Paul, MN 55164-0975; (800) 366-5424

Visit: www.health.state.mn.us/divs/chs/loan.htm

Get Paid To Save For Your New Business

Have a great idea and want to turn it into a successful business in the future? Capital Area Asset Building can double a client’s money, enabling a swifter transition from idea to money-maker. The nonprofit specializes in establishing individual development accounts (IDAs) for lower income Washington DC residents. IDAs are matched savings accounts -every dollar deposited by a participant is matched by the organization. One of the approved purposes of the account is starting a new business or microenterprise. Contact: Capital Area Asset Building Corporation, 1801 K Street, NW, Suite M100, Washington, DC 20006. Phone: 202-419-1440; fax: 202-419-1447

Visit: www.caab.org

Get 4 Interest Rate Reduction Subsidy

Called The Interest Assistance Program and referred to as Program #10.437 in the Catalog of Federal Domestic Assistance, this program provides a 4 percent subsidy to farmers and ranchers, who do not qualify for standard commercial credit. Guaranteed loans are serviced by a lender who has entered into a Lenders Agreement with the agency. The total loan limit for a guaranteed loan cannot exceed $731,000. Contact your local office of the U.S. Department of Agriculture Rural Housing Service.

Visit: offices.usda.gov/scripts/ndISAPI.dll/oip_public/USA_map

Up to 10000 for Sports Enthusiasts

Balance Bar awards four-month grants of $500 to $10,000 to sports enthusiasts, amateur athletes and teams who enthusiastically pursue their passions and push themselves physically and mentally to achieve them. Any activity that enables a person to enhance their physical health while pursuing a passion that enriches their lives is appropriate for the BALANCE BAR Grant. Contact: Balance Bar Company Contributions Program, 800 Westchester Avenue, Rye Brook, NY 10573.Application address for Balance Grants: c/o Grants Program, Hunter PR, 5th Fl., 41 Madison Ave., New York, NY 10010.

Visit: www.balance.com/grants/default.asp

27000 In Grants And Loans To Fix Up Your Home

Grants can be used for replacement of heating, plumbing or electrical services, roof or basic structure as well as water and waste disposal systems, and weatherization. Loans are for up to 20 years at only 1% interest. See Program #10.417 Very Low-Income Housing Repair Loans and Grants (Section 504 Rural Housing Loans Grants) at Director, Single-Family Housing Processing Division, Rural Housing Service, Department of Agriculture, Washington, DC 20250; 202-720-1474

Visit: www.rurdev.usda.gov.

60000 for Renters Homeowners or Investors to Improve Their Property

Called ‘Property Improvement Loan Insurance for Improving All existing Structures and Building of New Nonresidential Structures Program and referred to as Program #14.142 in the Catalog of Federal Domestic Assistance, this program provides financing of improvements to homes and other existing structures and the building of new nonresidential structures. Contact your local office of the U.S. Department of Housing and Urban Development

Visit: www5.hud.gov:63001/po/i/netlocator

Get Paid 75000 To Send Product Samples Overseas

Reach new consumers with government money! Through the Quality Samples Program, let the government help you transport and market your products overseas, with funding up to $75,000. With over $2.5 million in funds available, you can introduce new foreign buyers to your agricultural product with the help of the USDA. For more information, contact the USDA-FAS Marketing Operations Staff

Visit: www.fas.usda.gov/mos/programs/qspfact.html

Money To Buy Out Your Boss

A dream come true can be buying out your boss and running the whole business yourself. You probably always thought you could do it better anyway. Your boss may secretly be looking for someone to buy the place so she can go to the beach and finally write that Great American Novel that she has always been dreaming of. Much of the government money available can be used for this. Start looking for federal money in the Catalog of Federal Domestic Assistance published by the U.S. Government Printing OfficeThen check your State Government Office of Economic Development and tell them what you are trying to do. You can call 411 and ask for the state capital operator in your state capital

Visit: www.gpo.gov

Is Grant Money Taxable?

The answer to this is the same answer to any good question, It Depends. Some grants are taxable and some are not. If you get a grant to start a business, I would assume you would have to treat that as taxable income but you would probably not pay any taxes on it because you would use the money to buy business deductible items like computers, office space, advertising etc. Grants and scholarships in excess of tuition, fees, books, supplies, and equipment are considered taxable income. Grants given to veterans not taxable. A lot of grants given out to pay your energy bills or help pay your mortgage are not taxable.

Visit: www.irs.gov/pub/irs-pdf/p525.pdf

10000 to 2 Million In Venture Capital For Low Income Entrepreneurs

it’s not only Wall Street fat cats or bad business dot com ventures that get venture capital money to fulfill their entrepreneurial dreams. There are over 100 such venture capital organizations now whose goal is to get money to entrepreneurs who want to help low-income or other disadvantaged with good jobs, good services or good products. Go through the list at http://www.cdvca.org/fund_profiles.html and see which ones you should apply to. Remember venture capital is money you don’t have to pay back but they get a piece of the action and you get a partner.

Visit: www.cdvca.org/fund_profiles.html

Money to Fix Up Your Home After a Disaster

Called Federal Housing Assistance to Individuals and Households and referred to as Program #96.048 in the Catalog of Federal Domestic Assistance, this program provides grants to individuals and households affected by a disaster to enable them to address their disaster-related housing needs. The money can be used for the following: 1) Temporary Housing, 2) Repair, 3) Replacement, and 4) Permanent Housing Construction. Assistance not used for the specified purpose will be required to be returned. Contact Department of Homeland Security 245 Murray Drive, SW., Washington, DC 20528, 202- 282-8000

Visit: www.dhs.gov

Pennsylvania Nurses Receive 12500 To Pay Off Nursing School Loans

Imagine repaying your student loans just by doing your job! To help recruit and retain qualified nursing in Pennsylvania, the Nursing Loan Forgiveness for Healthier Futures program was created to help struggling nurses repay their student loans. By working for a participating Pennsylvania health care organization, after graduation from an approved nursing education program, you may receive student loan forgiveness for up to 25 percent (a maximum of $12,500) of your eligible debt over a three-year period. Contact the American Education Services, Nursing Loan Forgiveness for Healthier Futures Program, Lender School Team, PO Box 2461, Harrisburg, PA 17105-2461; (800) 859-5442

Visit: www.pheaa.org/loanforgiveness/healthier_futures.shtml