HUD first time home buyer grants for needy families in michigan-Better housing choices ensure your security and safety while removing hazards and making your life better.
But, finding one and arranging money to bear the housing rentals and other improvement costs is not that easy. In such a situation, granting of federal money to the assigning authorities brings relief as it raises your chances of winning the federal grant for your rentals or paying your home improvement costs.
The U.S Department of Housing and Urban Development (HUD) has awarded $3.5 million housing grants to the people of Michigan to facilitate the development of better housing and maintaining their homes.
The Recipients Of The Federal Grants For Housing Grants
The HUD has announced as much as $2.3 million free home buyer grants to GreenPath, a Farmington Hill-based non-profit agency. The rest amount has been awarded to other organizations like Oakland County Housing Counseling, Grand Rapids Urban League, and North Michigan Community Action Agency to name a few.
The grant declaration to these organizations ensures the right engagement of more applicants from needy low-income families and increases their chances of winning these housing grants from the various HUD authorized agencies.
Home ownership is a promising scope to build wealth around better housing opportunities, according to HUD officials. In Michigan, 73% of people have the opportunity for home ownership.
As per the HUD officials, the improvement of better housing opportunities for home ownership and ownership process all across Michigan has been successful due to the successful counseling workshops.
How The HUD First Time Home Buyer Grants Will Help People In Michigan
According to HUD officials, about 68.000 households will benefit from these federal grant programs through GreenPath agency all across Michigan. Since the recently announced federal housing grant program is part of the $47 million grant program in the U.S.; it is likely to facilitate the home ownership in Michigan, which is standing at 72.9 percent currently, higher than the national homeownership rate.
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The new program is designed to counsel more and more people to encourage them and apply for more such homeownership grants. The counseling involves in-depth observation of the processes about how people use the funds for home ownership and how effectively they use the funds for the purpose.
Kristen Holt, the president of the GreenPath agency, has welcomed the grant reward to their organization and expressed their gratitude to HUD while promising to help those people seeking their advice for home ownership.
According to GreenPath, the eligibility of the applicants is reviewed based on some criteria such as financial conditions, debts if any, and savings and planning for the future.
It is the responsibility of the recipients of the grant award to help people focus on their housing needs and achieve them.
As with many housing programs administered by the Michigan government, the ESG is another type of housing choice program, which emphasizes putting an end to the housing crisis and bring stability to people’s life by reducing homelessness.
With regard to this, Emergency Solutions Grant (ESG) Program administered by Michigan State Housing Development Authority, aims at developing more emergency shelters and preventing homelessness to ensure re-establishing of the housing for low income families across Michigan. This program is carried out as the Homeless Emergency Assistance and Rapid Transition to Housing (HEARTH) Act, 2009 permits to do so for low-income families.
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Availability Of Federal Grant Funds For Emergency Housing In Michigan
The Notice of Funding Availability (NOFA) is open for the public and made available from October 1, 2018-September 30, 2019 for application.
For more info regarding this housing grant program, you can visit, https://www.michigan.gov/documents/mshda/MSHDA_ESG_NOFA_2018-2019_620015_7.pdf.
Find it and know your chances to win the grant so that you can ensure safety and health for you and your family. Go happy hunting for your dream house.
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