Grants for Senior Citizens for Home Repair
The senior citizens of U.S., with meager funds available, face several hardships in life to meet the daily needs and expenses. It is estimated that by 2030 almost 72.1 million elderly people will be residing in the country.
Grants for Senior Citizens for Home Repair.
With such huge influx the need for assistance, financial support, funding and grants are immense.
The government understands the needs and hence has initiated many grant programs that fulfill the basic necessities and also accomplishes other social needs of the senior citizens. Apply for your grants now and enjoy a fulfilling and stress free life.
List Of Grants Offering Financial Assistance To Senior Citizens
Capital Assistance Program for Elderly Persons
This special program for senior citizens was initiated in 1975 by distributing $20 million to approximately 1,000 private nonprofit institutes, helping the elderly people and disabled people to purchase vehicles for easy transportation. Over the years this has assisted several people attain mobility independence and helped the elderly and the disabled to overcome conveyance problem in areas where transportation is unavailable or insufficient.
Eligible organizations to attain the grant for re-allocating it the entitled people are:
- Private nonprofit organizations
- Public bodies permitted by the State
- Public bodies certified by governor in the absence of nonprofit organizations in a particular area
Foster Grandparent Program
The Foster Grandparent Program is a part of Senior Corps that aids in attaining financial stability for persons of 55 years or more having financial crisis. It’s a volunteer program where interested and eligible people can serve the community and also earn in return by becoming mentors and tutors for children with special needs. It’s a personalized service that helps to earn and lead an active life.
Your eligibility criteria are:
- Must be 55 years of age or older
- Have income level as stated by the federal government
- Contribute minimum 15 hours to maximum 40 hours weekly for the volunteering job
The benefits you get are:
- Per hour tax-free stipend of $2.65
- Secondary insurance coverage during volunteering
- Mileage reimbursement
- Work recognition
Mortgage Insurance-Rental Housing for the Elderly
The senior citizens can avail mortgage loans for affordable and decent rental housing. The loans are insured under Section 231 that facilitates in the construction of rental housing and increases the provision for rehabilitation of multifamily for the elderly or people with disabilities. This program insures HUD approved lenders against any loss by the government.
Non-profit sponsors and private profit-motivated developers are the eligible lenders while elderly people or physically impaired individuals are the eligible borrowers.
The Nutrition Services Incentive Program
NSIP offers funding for food to state agencies and Indian Tribal Organizations for the purchase of nutritious and wholesome meals by the elderly. Since its inception in 1978, the program was administered by the U.S. Department of Agriculture but later it was transferred to the Administration on Aging, a section of U.S. Department of Health and Human Services. Funds are offered to the meal providers to pay for the meal rates which are approximately $0.67 per meal.
The eligibility criteria for the program are:
- Applicants receiving home-delivered meals need to be 60 years of age or above
- Must be eligible to avail services under the Older Americans Act
- Disabled adults, spouses or volunteers below the age of 60 can attain meals in certain cases
In addition to the federal grants, there are many recognized foundation that also support senior citizens. Some prominent names are— The Harry and Jeanette Weinberg Foundation, Inc., Verizon Foundation, The MetLife Foundation, Donald W. Reynolds Foundation, Robert Wood Johnson Foundation, AARP Foundation and more.
Moreover, there are grants for the elderly from the state governments too. With multiple options at your disposal apply for your grants today and enjoy the benefits for a better living. Age with grace now! Grants for Senior Citizens for Home Repair.