If you want to own a house and do not have sufficient fund, you can apply for free federal housing grants. This is one of a typical government grants that is intended to help low income group of people to have their own house for which they had dreamed of for their whole life. If you are interested in this free money for support, you need to qualify and meet the requirements. There are some standards set for the house too and you can get the government grant money only when your house will pass those quality standards and its cost should be below the value cap.
Apart from this you should be earning sufficient money to repay the monthly installments and for this you must have steady income. The main reason behind this is that the grants provided to you will help you in paying the down payment and you will have to pay the monthly installments. However, there are some other housing assistance programs run by HUD and you can make use of them too if you find further problem in repaying the installments. There are provisions for the low income group of people so that they are able to own their house and live safely and comfortably.
Another free federal housing grants is intended to help those people who want to own house in rural areas. If you are one of them, you can apply for Rural Government grants. The best thing about these grants is that it helps moderate income group of people to have their own house. However, there are basic standards set for this type of house too and the house you choose should be located in a rural area. You also need to come under a specific range of income and you should have a good credit score also.
In addition to all, you should have sufficient money to cover the basic costs. These free federal housing grants are a great way to fund for your house and you get enough support and back up so that you are able to own your house.