Home Improvement Grants Are Helping Black Homeowners Build Wealth One Upgrade At A Time

Black homeowners can use home improvement grants to make repairs and upgrades that build home value and generational wealth to pass down. Some key funding includes the USDA Section 504 Home Repair Program, HUD Title 1 Property Improvement Loans, and veterans’ services. Don’t forget local and regional offerings that vary and include Habitat for Humanity’s local affiliate.

According to the Urban Institute, three out of four homeowners pay for renovations in cash, but a large cash deposit...