Good News About Government Funded Home Improvement Grants
I recently wrote about government funded home improvement grants for residential home owners. These are fabulous programs that distribute billions of non repayable free government money to taxpaying American citizens to repair or remodel their homes to the extent of their choosing. This form of government financial aid is not only available citizens who are in need of repairing the homes they live in. There is a variety of home improvement grants designed to help those who are embarking on building repairs as a form of profit generating business. Thousands of up and coming real estate developers have gotten off to a profitable start by using home improvement grants as well.
Have you ever heard of Donald Trump? Yes, even “The Donald” got his start in real estate by taking advantage of government funded home improvement grants, business grants, and home buyers grants. And he still does.
The government has a great interest in urban development. Making our communities more attractive and desirable increases property values, which in turn helps the economy, ultimately leading to more taxes paid to the government. Being that the government is required by law to distribute billions of dollars in free grant money to taxpayers each and every year, home improvement grants are a preferred method of distribution for them. This type of grant is more of an investment in the community than a “hand out,” so to speak.
If you are interested in purchasing one, or even several, run down properties in low income areas and rehabilitating them for resale or to use as rental properties, and acquire the funding through home improvement grants, you’re actually doing the government a huge favor. They’ll be more than eager to award you the funds. They’ve made a commitment to clean up otherwise unlivable properties, without lifting a finger, while at the same time unloading generous amounts of free government money that they are required to give away. Not to mention the fact that you are creating more jobs and housing for your community members. This works to your advantage as well because you never have to pay home improvement grant money back, nor pay taxes on it, and one hundred percent of the profit is yours to keep.
In: Home & Auto Financing · Tagged with: first time home buyer grants, home buying & repair, home improvement grants
on March 5, 2009 at 10:29 pm
I AM INTERESTED IN PURCHASING DISTRESSED INCOME PROPERTY IN CALIFORNIA HOW DO I KNOW IF I QUALIFY