Saturday, 30 July 2016

Housing Grants For Single Mothers-Government Grants For Buying Home

Getting a house or paying off the monthly rents can be a really a burden on the savings. Securing an affordable shelter is a real challenging job for single mothers with low-income levels hence housing grants are offered to prevent eviction, foreclosure, and homelessness. The federal government, nonprofits, state agencies and community agencies offer housing grants for single mothers to compensate for the rents, home loans, and other accommodation needs.

Let’s have a look at the varied housing grants available for you.

U.S. Department of Housing and Urban Development (HUD)
Every year thousands of low-income families receive housing assistance from HUD. The federal agency disburses approximately $1 billion each year for the secure living conditions. Single mothers can avail multiple rental programs based on their income levels and number of family members. HUD housing grants include:
Housing Grants for Single Mothers
Community Development Block Grant Program (CDBG)
The Homeless Prevention and Rapid Re-Housing Program
Public Housing Family Self-Sufficiency
HOME Investment Partnerships Program
HUD Housing Choice Vouchers Program
The HCVP, administered by HUD, offers private housing facilities to single mothers for better standards of living. Funds are allocated by local Public Housing Agencies for apartments, townhouses and single-family houses located in decent and hygienic ambiance.
Funds for the houses are first allocated by HUD to the PHAs that are later allocated to eligible candidates. According to the rules, 30% of household income is paid by the applicants and the remaining amount is compensated by the government funds. Houses must meet the set housing standards like health or safety to be sanctioned by HUD. The family size and income of the applicant are the two basic criteria for determining the grant money to be allocated
Transitional Housing Assistance Program
Single moms or women who have survived domestic violence, abuse and are homeless can seek assistance from this housing program. The grant program supports mothers to find a new shelter and accomplish their needs for employment, daycare, utility, counseling, home repairs etc.
USDA Rural Development
Single Family Housing Program, under the U.S. Department of Agriculture, offers affordable housing facilities to single mothers residing in rural sectors. The program supports low-income earning families with facilities like housing, home repair and home improvement and removal of safety hazards. Single mothers can now own decent and safe residences with adequate sanitary facilities.
Non-Profit Organizations
There are innumerable nonprofit organizations that cater to the housing needs of single mothers. Mercy Housing, a reputed charitable organization, offers affordable shelters, homes, and apartments based on the age and income of the applicants.
Single mothers can receive low-priced foreclosure properties and homes with flexible mortgage terms and low down payment terms from Fannie Mae. Another reckoned nonprofit, Habitat for Humanity, also provides affordable homes. Volunteers’ group build the homes of eligible applicants post which mothers pay a mortgage amount based on their financial level
There are more options for single mothers to choose from Family Unification Program, Public Housing Program, HOME Investment Partnerships Program, Supportive Housing for Persons with Disabilities, Federal Housing Association (FHA) Loans and others. Start applying for your single mother housing grants and get a secured roof for your family.



Tags- home buyer grants for single moms, single parent college grants, grants for single moms to pay housing bills, grants to pay bills, grants to pay rental bills, single moms daycare.

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