Want to live in Rhode Island? Well, you must get prepared of the high cost of living. Rhode Island is the 17th most expensive state. A typical home costs $249,800, which is $44,900 more than the national median value. Homes built in 1939 and 2014 costs $222,800 and $386,600, respectively, across Pennsylvania. Even though owning a home is expensive in Pennsylvania, there are programs to help you maintain the safety of your loved ones at home. Keep reading this article.
Single Family Housing Repair Loans and Grants in Rhode Island
This program provides financial support to low-income families in rural areas to help with home repairs. Families may qualify for up to $20,000 loan or $7,500 grant. Loan funds are given to low-income homeowners to enable them repair, improve, and modernize their homes. Grants are given to senior homeowners to help them deal with issues that threatens their health and safety at home. To qualify, meet the area median income requirements, have proof of homeownership and occupy the property, be unable to acquire affordable credit anywhere else, and be aged 62 and above for grant application. Wondering if your home address is eligible for assistance? Please check here. Families qualifying for loans repay them after 20 years and t 1% interest rate. Grants are repaid when the homeowner sell or eases to occupy the property within 3 years of receiving the funds. Your local Rural Development Office accepts applications in your area. Apply here. Low-income single mothers, veterans, and people with disabilities are given priority over other applicants. Find out more at https://www.rd.usda.gov/programs-services/single-family-housing-programs/single-family-housing-repair-loans-grants/ri.
Rhode Island Housing
Rhode Island provides assistance through loans and grants. You may qualify for low-interest loans that can be deferred. Rhode Island Housing helps low-income homeowners with up to $2,500 for home repair. To qualify for this home repair grant assistance, you must meet the income, credit score, and residency requirements. The Rhode Island Housing is committed to providing quality and affordable housing to Pennsylvania residents. You can find more information at https://loans.rihousing.com/LastingHomes/.
Rebuilding Together Program
Rebuilding Together program provides home repair assistance to the senior, disabled, low-income, and single moms. You may qualify for grants and assistance to deal with emergency home improvement needs. Having a repair need that affects your health and safety, and you can’t afford the costs? Visit https://rebuildingtogether.org/find-your-local-affiliate to apply for the program assistance.
Veterans Affairs Home Improvement Grants
Are a veteran or 100% disabled veteran? Then you can qualify for home repair assistance through the VA. If you are disabled, you may qualify for an additional assistance to make your home more accessible, depending on the level of their special need. Every other veteran or their spouse qualifies for loan from VA. Read more at https://www.benefits.va.gov/homeloans/contact_rlc_info.asp.
Lead Prevention Program
Having lead-based paint that you need to remove from your home? You may apply for the Lead Prevention program assistance to fix your problem. You will be assigned someone to help you navigate through the application process and get the support you. Find out more at http://www.health.ri.gov/healthrisks/poisoning/lead/index.php.
East Providence’s Home Improvement Program
The purpose of this program is to provide home repair assistance to low-income homeowners living in the City of East Providence. You may qualify for grants, loans, which may be deferred, and low-cost loans to renters and owner-occupied homes. Single moms, veterans, disabled, and the elderly homeowners may apply for the program assistance. Qualification depends on income, home repair needs, residency, and other factors. The program offers help to those in need of emergency home repair assistance, code violation repairs, accessibility improvements, energy-efficiency enhancement, building repairs, and other repairs designed to improve the health and safety of Rhode Island homeowners. Learn more at https://eastprovidenceri.gov/departments/community-development/home-improvement-program.
Bristol’s Home Repair Program
The home repair program was created to help homeowners who can’t afford home repairs to improve their local residence. The program source its funding from the Community Development Block Grant (CDBG) to provide local home repairs to the town’s residents. The program assistance is dependent of the funding availability. The program’s eligible home repairs include roofing, windows and doors, accessibility improvement, plumbing, among others. You may contact the Economic Development Coordinator to determine if your home improvement project is eligible. Once you submit your income documentation, it takes between 6-8 weeks to prepare and submit your grant application. Visit https://www.bristolri.gov/departments/community-development/home-repair-program/ to learn more about the program.
Habitat for Humanity
Habitat is known for building homes and improving the neighborhoods. You may also qualify for home repair assistance through Habitat. If you are willing to put sweat equity and be placed on Habitat waiting list, you may apply for home repair support. You may also have access to emergency home improvement assistance to fix your home right away. If you don’t qualify for home repair program, you can visit Habitat’s ReStore to have access to free building materials. Find out more at https://www.habitat.org/us-ri/providence/rhode-island-greater-providence-inc-hfh.