Seniors entering the retiring age, discover that being on a fixed income is different than when they were in the work force. The financial cushion they enjoyed while they were in workforce is no more existing. In the retiring age, managing the living expenses and other necessities changes with the cash flow truncation.
The US government provides grants to American Senior citizens those who struggle with earning the income. The grants are specially provided to those having a house needing urgent repairs. The US government sets aside a yearly budget for the home repairs. The budget allocated for home repairs is limited, hence the authorities observe initial cum primary serve policy. To enhance the chance of grant approval, applying early is the only qualification.
Agencies that provide the Grants
The US government : it gives priority to the disabled citizens while providing grants. Also, the applicant has to be the owner and the occupant of the house to be fixed. The government also scrutinizes who needs the grant most? Hence, even though a senior citizen, chances are remote, if more applications are from disabled citizens.
FEMA : if the home has been damaged due to natural disaster, Federal Emergency Management Agency provides grants to restore the home.
HUD: Department of Housing and Urban Development provides Government grants to senior citizens, disabled and the needy family. Families that are shorts of funds may take assistance from programs viz Community Block Development Grants, Neighborhood and Small Cities Stabilization Program, Section 108 Loan Guarantee Program, Disaster Recovery Assistance etc. The grant received can be utilized for upgrading, repairing, renovating or installation needs for a secure living.
Some grants are aimed at oldies with really low income with houses that are damaged by hurricane or tornado.
Private corporations, persons, and chamber of commerce also help those having difficulties with their revenue.
Repairing, renovating or upgrading a home involves expenses that are beyond the reach of senior citizens with low income and savings. However, maintenance is required for better living standards and safety. Maintenance of a home can be stressful in case you do not have enough cash reserve. Patience is vital while applying for home repair grants. Correct contact details are important to improve your chances of getting the grants. However, unlike loans, grants do not monitor the credit history or the credit score of the applicant. Most of the grants are free with negligible repayment amount. Hence, such grants act as an essential support in the life of senior citizens, providing then with resources they require and let them live peacefully and happily ever after.