If you own a multifamily residential building that needs work done on it, using grants to rehab them can help you cover the costs and is a great opportunity if you can make use of it. Of course, each grant has its own criteria for who and what properties can qualify as well as what … Read more
It’s a good idea to be on the lookout for opportunities to take part in large-scale grant programs. Among these are Neighborhood Stabilization Program grants. The program was started after the 2008 housing crisis and recession. It aims to provide funding for real estate projects in hard-hit communities – to stabilize and, eventually, revitalize them. … Read more
Grants are a great way to help cover the cost of purchasing or repairing a property. Some people, though, wonder if they’re too good to be true – they wonder if they’ll ever have to pay back real estate grants that they receive. Answering this question is good if only for peace of mind if … Read more
Whether from public or private institutions, grants are an excellent way to cover the costs of repairs or home improvements. They’re also too often ignored by homeowners. There are plenty of grant programs out there, many of them funded by the federal government. If your property needs improvement or repairs, you should check whether you’re … Read more
What Is the HUD Good Neighbor Next Door Program? The HUD Good Neighbor Next Door grant program (GNND) is an attempt by the federal government to address two issues at once. Firstly, the program encourages people to invest in and live in revitalization areas. Second, it helps people in select groups, including law enforcement officers, … Read more
Real estate developers can benefit from using federal real estate grants specifically designed to help them acquire, build, and/or renovate properties. These grants are provided for developers who increase housing options for low-income families, middle-income families, the elderly, and disabled people. Federal grants make it easier for you to earn a profit on your real … Read more
Are you tired of trying to find local and federal programs to help you fix up your home? Does the mountain of paperwork and procedures make you give up before you start? Are you one of those brave souls who found the grants, started filling out the paperwork, and soon discovered that you needed help, … Read more
If you are investing in damaged property or trying to repair the property that you already own, you can use these grants to pay for the repairs. Many U.S. Department of Housing and Urban Development (HUD) programs provide grants and loans to real estate developers and investors who look to create more affordable housing for … Read more
Crowdfunding is a relatively new concept popularized by sites such as Kickstarter and Indiegogo in recent years. Niche-specific crowdfunding platforms have also been on the rise, including real estate crowdfunding platforms that seek to pair real estate developers with a pool of small investors looking for real estate opportunities. With the growth of these alternative … Read more
What Are Neighborhood Revitalization Grants? Neighborhood revitalization grants are funds allocated to states, cities, counties, non-governmental organizations, and nonprofit foundations. The goal is to use them to improve mostly low- and moderate-income communities. The oldest such federal program, the Community Development Block Grant (CDBG), was started by President Gerald Ford in 1974. Since that time, … Read more
Anyone who has gone through a real estate renovation project from the beginning to the end will tell you that it’ll most likely take longer and cost more than you budgeted. That’s why housing improvement grants are a great way to help finance your renovation project. Of course, you need to know where to look … Read more
One of the biggest hindrances to purchasing a residential or commercial property for most developers is getting their hands on capital. Investors and property owners looking for capital to rehabilitate their properties face a similar problem. Although real estate flipping has become one of the most lucrative investment opportunities in the real estate industry, the … Read more
Economic development administration grants are given to impoverished or disaffected communities in the US to improve their lives. They are granted by the US EDA (Economic Development Administration). The US Economic Development Administration has been working with impoverished or distressed communities across the country for half a century. Not only do their grants improve the … Read more
Real estate grants are given out by the Federal government and State or Local governments to individual citizens or organizations. These grants are meant to uplift communities or become catalysts for economic development. Like any other form of assistance from the government, these real estate grants have certain strings attached to them. To get grants, … Read more
The US Government has several grants which can be used for community development or real estate development. Among them are grants which are specifically used to repair or restore old homes. While these grants have stringent requirements and are separated into specific types of loans or grants, they represent substantial grants. You can use either … Read more
Real estate redevelopment grants help public/private partnership recipients finance the replacement, rehabilitation, repurposing, or improvement of existing industrial, residential, downtown, or commercial properties. When the public/private market is not supplying sufficient economic activity for the development or improvement of underused or blighted urban or suburban areas, redevelopment grants act as flexible financial assistance tools that … Read more
The short answer is yes. You can apply for a government grant to flip houses. Buying homes in need of fixing up and repairing them to sell at a higher price is now a common practice. According to ATTOM Data Solutions, 138,000 houses were flipped by both individuals and institutions in 2017. While applying for … Read more
People in the fix-and-flip business often find themselves in a fix when it comes to finding money for house flipping. As portrayed by most TV reality shows, house flippers buy cheap property, remodel it, and then sell it for top dollar. While it’s indeed true, these shows tend to not show what happens between the … Read more
The HUD is the US Department of Housing and Urban Development. One of its longest-running programs is the HUD Federal grant. It was first enacted by President Gerald Ford in 1974. The HUD Federal grant exists to provide affordable housing, so average Joes and Janes like you and I can apply to get this grant … Read more
If you are interested in real estate, it would be in your best interest to know about and go through the list of government grants for investment properties. And it’s clear to understand why. These grants from the government help them outsource and distribute the business of allotting homes to the people. Billions of dollars … Read more