Housing And Urban Development
Local Colleges Get Money to Fix Up Your Home
Called the Historically Black Colleges and Universities Program and referred to as Program #14.520 in the Catalog of Federal Domestic Assistance, this program assists Historically Black Colleges and Universities (HBCUs) expand their role and effectiveness in addressing community development needs in their localities, including neighborhood revitalization, housing, and economic development consistent with the purposes of Title I of the Housing and Community Development Act of 1974. The HBCU program also encourages greater citizen participation in the local/neighborhood planning process and, ultimately, in development of their localities’ and States’ Consolidated Plan for submission to HUD. Contact: Ophelia Wilson, Office of University Partnerships, Office of Policy Development and Research, Dept. of Housing and Urban Development, 451 7th Street, SW., Washington, DC 20410. Telephone: (202) 708-3061, extension 4390. FAX (202) 708-0309.
Visit: OPHELIA_WILSON@hud.gov
Money to Fix Up Apartment Buildings
Called The Multifamily Assisted Housing Reform and Affordability Act and referred to as Program #14.197 in the Catalog of Federal Domestic Assistance, it provides grants to retain critical affordable housing resources represented by the supply of FHA-insured Section 8 assisted housing and maintain it in good physical and financial condition while, at the same time, reducing the cost of the ongoing Federal subsidy. In carrying out the Program, HUD works with willing participating administrative entities (PAEs), owners and lenders to reduce Section 8 rents and operating expenses to true market levels and also provide for the project’s capital improvement needs. Contact your local office of the U.S. Department of Housing and Urban Development
You Don’t Have To Lose Your Home
If you have lost your job or are unable to work because of injury or illness, you can save your home from foreclosure if you know the steps to take. The Department of Housing and Urban Development (HUD) offers information and web links to organizations that will help you keep from losing your home.
Uncle Sam Will Co Sign an Adjustable Rate Mortgage
Called The Adjustable Rate Mortgages Program and referred to as Program #14.175 in the Catalog of Federal Domestic Assistance, this program provides mortgage insurance for an adjustable rate mortgage which offers lenders more assurance of long term profitability than a fixed rate mortgage, while offering consumer protection features. HUD insures lenders against loss on mortgage loans. These loans may be used to finance the purchase of proposed, under construction, or existing one- to four-family housing as well as to refinance indebtedness on existing housing. The maximum insurable mortgage loan for an occupant mortgagor is the same as prescribed for Section 203(b) – program 14.117. HUD insures lenders against loss on mortgage loans. These loans may be used to finance the purchase of proposed, under construction, or existing one- to four-family housing as well as to refinance indebtedness on existing housing. The maximum insurable mortgage loan for an occupant mortgagor is the same as prescribed for Section 203(b) – program 14.117. All persons intending to occupy the property are eligible to apply. All persons intending to occupy the property are eligible to apply. Contact your local office of the U.S. Department of Housing and Urban Development
Money to Study Housing Issues
(Doctoral Dissertation Research Grant Program 14.516)
The program objective is to encourage doctoral candidates to engage in policy related housing and urban development research and to assist them in its timely completion. Money can used to support Ph.D candidates. Students can request an application package from the address listed below or by calling HUD USER at 800-245-2691. For additional information, contact Armand Carriere, Office of University Partnerships, U.S. Department of Housing and Urban Development, 451 7th St., SW, Room 8106, Washington, DC 20410; 202-708-3061; Continue reading
48000 To Buy A Mobile Home
Called the Manufactured Home Loan Insurance – Financing Purchase of Manufactured Homes as Principal Residences of Borrowers Program and referred to as Program #14.110 in the Catalog of Federal Domestic Assistance, this program insures lenders against loss on loans. Insured loans may be used to purchase manufactured home units by buyers intending to use them as their principal places of residence. The maximum amount of the loan is $48,600, whether single or multiple modules. The borrower must give assurance that the unit will be placed on a site which complies with local zoning and land development requirements. Contact your local office of the U.S. Department of Housing and Urban Development.
Local Colleges Get Money to Fix Up Your Home
Called the Historically Black Colleges and Universities Program and referred to as Program #14.520 in the Catalog of Federal Domestic Assistance, this program assists Historically Black Colleges and Universities (HBCUs) expand their role and effectiveness in addressing community development needs in their localities, including neighborhood revitalization, housing, and economic development consistent with the purposes of Title I of the Housing and Community Development Act of 1974. The HBCU program also encourages greater citizen participation in the local/neighborhood planning process and, ultimately, in development of their localities’ and States’ Consolidated Plan for submission to HUD. Contact: Ophelia Wilson, Office of University Partnerships, Office of Policy Development and Research, Dept. of Housing and Urban Development, 451 7th Street, SW., Washington, DC 20410. Telephone: (202) 708-3061, extension 4390. FAX (202) 708-0309.
Visit: OPHELIA_WILSON@hud.gov
Money to Buy or Fix Up Houses in The Pacific Islands or The Virgin Islands
Called the Community Development Block Grants/Special Purpose Grants/Insular Areas and referred to as Program #14.255 in the Catalog of Federal Domestic Assistance, this program provides grants that can be used for housing and community development in the Pacific Islands of American Samoa, Guam, the Northern Mariana Islands, and the Virgin Islands in the Caribbean. Contact your local office of the U.S. Department of Housing and Urban Development
Get a 100000 Home For 1 plus Fix Up Money
Called the Dollar Home Sales and referred to as Program #14.313 in the Catalog of Federal Domestic Assistance, this program expands HUD’s partnership with local governments in helping to foster housing opportunities for low- to moderate-income families and address specific community needs. Single family homes that are acquired in foreclosure actions by the Federal Housing Administration (FHA) will be eligible for sale to local governments across the nation for $1 plus closing costs when the properties have been listed for at least six months and remain unsold. Local governments buying HUD properties for $1 plus closing costs may sell or rent them to low- and moderate-income families, to first-time homebuyers, or to groups that will use the properties to provide services such as child- care centers, domestic abuse shelters, job training centers, etc. Contact your local office of the U.S. Department of Housing and Urban Development. Look on the left-hand side of the page to search for your local field office.
Free Money For Isabel Fixups
remember it is not only FEMA (Federal Energy Management Agency) that has money to fix things up after a hurricane. There is also grant money to fix up your home anytime. Check the Catalog of Federal Domestic Assistance. This lists all the major federal programs. Look for housing programs at the Departments of Housing and Urban Development, Energy and Agriculture.
Visit: www.cfda.gov
Get a 100000 Home for 1 plus Fix Up Money
Called the Dollar Home Sales and referred to as Program #14.313 in the Catalog of Federal Domestic Assistance, this program expands HUD’s partnership with local governments in helping to foster housing opportunities for low- to moderate-income families and address specific community needs. Single family homes that are acquired in foreclosure actions by the Federal Housing Administration (FHA) will be eligible for sale to local governments across the nation for $1 plus closing costs when the properties have been listed for at least six months and remain unsold. Local governments buying HUD properties for $1 plus closing costs may sell or rent them to low- and moderate-income families, to first-time homebuyers, or to groups that will use the properties to provide services such as child- care centers, domestic abuse shelters, job training centers, etc. Contact your local office of the U.S. Department of Housing and Urban Development
Grants to Local Communities to Provide Money to Buy or Fix Up Homes or to Pay for Rent
Called the Home Investment Partnership Program and referred to as Program #14.239 in the Catalog of Federal Domestic Assistance, this program expands the supply of affordable housing, particularly rental housing, for low and very low income Americans; (2) to strengthen the abilities of State and local governments to design and implement strategies for achieving adequate supplies of decent, affordable housing; (3) to provide both financial and technical assistance to participating jurisdictions, including the development of model programs for developing affordable low income housing; and (4) to extend and strengthen partnerships among all levels of government and the private sector, including for-profit and nonprofit organizations, in the production and operation of affordable housing. To identify if there are programs in your area, contact your local office of the U.S. Department of Housing and Urban Development
300000 For People Whose Homes Were Hurt By A Disaster
Called the Mortgage Insurance – Home For Disaster Victims Program and referred to as Program #14.119 in the Catalog of Federal Domestic Assistance, this program helps victims of a major disaster undertake homeownership on a sound basis. Disaster victims are not required to meet the 3 percent minimum investment requirements. In order to qualify for assistance, the formerly occupied home must have been in an area designated by the President as a disaster area, and it must have been destroyed or damaged to such an extent that reconstruction or replacement is necessary. Contact your local office of the U.S. Department of Housing and Urban Development.
Money for Teens to Learn to Fix Up Houses
Called Opportunities for Youth-Youth Build Program and referred to ca Program #14.243 in the Catalog of Federal Domestic Assistance, this program provides funding assistance for a wide range of multi-disciplinary activities and services to assist economically disadvantaged youth. The opportunities are designed to help disadvantaged young adults who have dropped out of high school to obtain the education and employment skills necessary to achieve economic self-efficiency and develop leadership skills and a commitment to community development in low income communities. Another important objective of the Youth Build program is to expand the supply of permanent affordable housing for homeless persons and members of low income and very low income families. By giving disadvantaged young adults participating in the program meaningful on-site training experiences constructing or rehabilitating housing as a community service, they are helping to meet the housing needs of homeless and low income families in their community. Contact your local office of the U.S. Department of Housing and Urban Development
2000000 to Build or Rehabilitate Condominiums Program # 14112
Called Mortgage Insurance for Construction for Substantial Rehabilitation of Condominium Projects and referred to as Program #14.112 in the Catalog of Federal Domestic Assistance, this program enables sponsors to develop condominium projects in which individual units will be sold to home buyers. Contact your local office of the U.S. Department of Housing and Urban Development
Grants to Native American Communities to Fix Up Homes
Called the Indian Community Development Block Grant Program and referred to ca Program #14.862 in the Catalog of Federal Domestic Assistance, this program provides grants to improve the housing stock, provide community facilities, make infrastructure improvements, and expand job opportunities by supporting the economic development of their communities. To identify if there are programs in your area, contact your local office of the U.S. Department of Housing and Urban Development
4000000 to Build or Fix Up Housing for Seniors
Called the Supportive Housing for the Elderly Program and referred to as Program #14.157 in the Catalog of Federal Domestic Assistance, it can be used to finance the construction or rehabilitation of a structure or portion thereof, or the acquisition of a structure to provide supportive housing for the elderly, which may include the cost of real property acquisition, site improvement, conversion, demolition, relocation and other expenses of supportive housing for the elderly. Project rental assistance is used to cover the difference between the HUD-approved operating cost per unit and the amount the tenant pays.Contact your local office of the U.S. Department of Housing and Urban Development
Reverse Mortgages For Seniors
Called Reserve Mortgages For Seniors and referred to as Program #14.183 in the Catalog of Federal Domestic Assistance, this program enables elderly homeowners, 62 years of age or older, to convert equity in their homes to monthly streams of income – except for Texas – lines of credit. HUD insures lenders against loss on reverse mortgage loans. Contact your local office of the U.S. Department of Housing and Urban Development. Look on the left-hand side of the page to search for your local field office.
1000000 to Build or Fix Up Housing for People with Disabilities
Called the Supportive Housing for Persons with Disabilities Program and referred to as Program #14.181 in the Catalog of Federal Domestic Assistance, this program provides for supportive housing for persons with disabilities. Capital advances may be used to construct, rehabilitate or acquire structures to be used as supportive housing for persons with disabilities. Project rental assistance is used to cover the difference between the HUD-approved operating costs of the project and the tenants’ contributions toward rent (30 percent of adjusted income). To identify if there are programs in your area, contact your local office of the U.S. Department of Housing and Urban Development. If the local office does not know what you are talking about, contact the main office at: Office of Housing Assistants and Grants Administration, Department of Housing and Urban Development, Washington, DC 20410, 202-708-3000.
Government Backed Graduated Mortgage Payments
Called the Section 245 Graduated Payment Mortgage Program and referred to as Program #14.159 in the Catalog of Federal Domestic Assistance, this program helps early home ownership for households that expect their incomes to rise. The program allows homeowners to make smaller monthly payments initially and to increase their size gradually over time. Contact your local office of the U.S. Department of Housing and Urban Development. Look on the left-hand side of the page to search for your local field office.
100000 To Help Buy A Mobile Home and a Mobile Home Lot
Called the Mortgage Insurance – Combination and Manufactured Home Lot Loans Program and referred to as Program #14.162 in the Catalog of Federal Domestic Assistance, this program makes possible reasonable financing for the purchase of a manufactured home and a lot on which to place the home. Contact your local office of the U.S. Department of Housing and Urban Development. Look on the left-hand side of the page to search for your local field office.
50 Discount For Law Enforcement Officers To Buy A Home
Called Officer Next Door Sales Program and referred to as Program #14.198 in the Catalog of Federal Domestic Assistance, this program strengthens America’s communities by providing homeownership opportunities to law enforcement officers in HUD- designated revitalization areas, and to improve the quality of life in these neighborhoods by their presence. Law enforcement officers may purchase HUD-owned single unit properties located in designated revitalization areas at a 50 percent discount off list price. Officers must agree to occupy homes as their sole residence for a period of 3 years. The officer must also agree to execute a second mortgage and note in the name of the Department for an amount equal to the 50 percent discount. This zero interest note will gradually decrease over the 3-year mandatory residence period until it reaches zero. Should the officer leave the home before the 1st anniversary of occupancy, 90 percent of the discounted amount will be due to HUD. Departure before the 2nd anniversary of occupancy will require a 60 percent repayment, and departure before the 3rd anniversary of occupancy will require a 30 percent repayment of the discounted amount. Officers must certify initially, and once annually, for each year of the occupancy term, that he/she continues to own and live in the home as a sole residence, and that no other residential real estate is owned. Contact your local office of the U.S. Department of Housing and Urban Development.
Money to Rehabilitate a Trailer Home Park
Called Mortgage Insurance- Manufactured Home Parks and referred to as Program #14.127 in the Catalog of Federal Domestic Assistance, this program makes it possible to finance the rehabilitation of manufactured home parks. Contact your local office of the U.S. Department of Housing and Urban Development
Help Paying Your Mortgage Or Buying A Home
The U.S. Department of Housing and Urban Development has set up thousands of non-profit organizations around the country that offer free help if you are having trouble paying your rent or mortgage. Some even offer money. Contact: Counseling Center Locator 800-569-4287 or 800-217-6970
100000 To Buy Or Fix Up Houses In Older Areas Of A Town
Called the Mortgage Insurance – Housing In Older, Declining Areas and referred to as Program #14.123 in the Catalog of Federal Domestic Assistance, this program helps in the purchase or rehabilitation of housing in older, declining urban areas. Contact your local office of the U.S. Department of Housing and Urban Development.