$3,500 Grant to Improve Your Home So It Cuts Your Utility Bills

This Free Grants  Listing courtesy of: Matthew Lesko - Free Money Author of over 100 books on

government grants | Real Estate  | womans grant | small business | Business Grant Applications | Grant writing | Free Government Money Club | state Business grants | free money To Pay Bills

Matthew Lesko

$3,500 Grant to Improve Your Home So It Cuts Your Utility Bills

This program is called the Energy Efficient Mortgages Program and can be used to make energy-efficient improvements in one to four existing and new homes. The improvements can be included in a borrower's mortgage only if their total cost is less than the total dollar value of the energy that will be saved during their useful life. The cost of the improvements that may be eligible for financing as part of the mortgage is either 5 percent of the property's value (not to exceed $8,000) or $4,000--whichever is greater. The maximum mortgage limit for a single-family home is $160,950, plus the cost of the eligible energy-efficient improvements.

www.hud.gov/offices/hsg/sfh/eem/energy-r.cfm

More Free Money Resources Can be found at the  Grants Library