Can anyone tell me where i can find companys with grants to help individuals.?

Question

I'm a single parent of three and a full time student and part time worker. I wanted to buy a house but don't have the high downpayment and was wondering if anyone know how to find out how to get personal grant monies or what company's had grant money for individual's that's not in profit or non for profit group's do you know what step's i should take please help.

Answer 1

check your local paper in the real estate section (those sections usually run on Wed or Thurs and Sunday) for home buying classes.  They are sponsored by local banks, lending institutions and real estate agents.  They are free and taught in the local library and community centers.  They will explain the home buying process to you and tell you about programs and grants that you may qualify for and about any special programs that your area may be running (in New Orleans before Katrina, there was a program to buy abandoned properties for the cost of the taxes owed on them and there was a grant process in place to help pay for their renovations).

Answer 2

Personal grants are called welfare.

The government is NOT in the business of giving away free money for the sake of giving away money. There are no grants for paying bills, no grants for paying off credit cards, no grants for getting out of debt and no grants for simply fattening your wallet.

Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant.

For one, you have to write the grant application and the grant application is not a simple document - you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant.

There is a stringent review process through a committee. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.

You can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support your purposes.

Even if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently.

Note though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program. Individuals especially for personal purposes are not eligible for federal grants.

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs