Financial aid options for
home accessibility upgrades
There are a number of assitance programs or finanacing options that can help cover accessibility modifications in your current or new home. Here are some of the options: home.
State and Local Programs: Many states and local governments have their own programs for home modifications, often administered through Area Agencies on Aging (AAAs) or housing authorities. These might include low-interest loans or grants for accessibility.
Home Equity Loans/Lines of Credit: If you have substantial equity, this can be a way to finance modifications, but it does add debt.
Medicaid Waivers: Some state Medicaid programs offer waivers that include funds for home modifications to help individuals stay in their homes and avoid institutional care.
Veterans Affairs (VA) Programs: The VA offers various grants for veterans with service-connected disabilities, such as the Specially Adapted Housing (SAH) grant and the Special Home Adaptation (SHA) grant, to help build or modify homes.
HUD Programs: The Department of Housing and Urban Development (HUD) has programs, like the HOME Investment Partnerships Program, which can provide funds for affordable housing development, sometimes including accessibility features.
Non-Profit Organizations: Organizations like Rebuilding Together, Habitat for Humanity, and specific disability advocacy groups sometimes offer home modification assistance or referrals.
Recommendation: Contact your local Area Agency on Aging (AAA) or a certified Aging-in-Place Specialist (CAPS) for guidance on specific programs in your area.
