With the various home improvement grant programs available for individuals to apply for, financing that next big project can come easier and fast than you may have planned for. Government and private grant money for home improvement and repairs can often be found at the state and local level. These funds can provide as much as $20,000 in grant funds that never have to be paid back.
Home improvement grants vary in terms of amounts and terms, but many of them can provide money for materials, labor and other expenses. For instance, there are grants to help pay for home repair, upgrades to energy efficient appliances, and even to expand your home. In some cases, community grants are offered to individuals who simply want to improve the overall aesthetics of their home.
While obtaining a grant many not entirely finance your next project, it can greatly reduce your financial responsibility. The amount you can obtain all depends on the funds that are currently being made available and your qualification requirements. Grants can be provided regardless of credit or income, but those eligibility requirements will vary from program to program.