Hey everybody, today’s blog post is about home ownership…disabled home ownership. This is a collaboration with The Simple Dollar and the Lend Edu. Both The Simple Dollar and Lend Edu helps you with everything personal finance from building and fixing credit, loans to investing and banking. They want to help you improve your financial history for a better future.
Being independent is a major thing for people with disabilities. All we want in life is our independence so being able to drive, work, live on our own, and even own our own homes is an extraordinary accomplishment. Just like it would be for anyone else. As we all know the home buying process can be very long and tedious, but very rewarding in the end. It is the same process plus more for people with disabilities that want to be homeowners. The Simple Dollar and Lend Edu has shared some facts and tips for:
– The costs of installing structural accommodations such as wheelchair ramps or bathroom grab bars can drive costs even higher.
HUD (Department of Urban Development)
-HUD’s Homeownership Voucher Program provides financial help with mortgages and other expenses. The program allows recipients to use Section 8 housing vouchers for purchasing a home rather than renting.
FHA (Federal Housing Administration)
– offers services that include providing mortgage insurance on home loans made by approved lenders.
Habitat for Humanity
– a nonprofit organization that helps provide housing for people with low incomes, which may include the disabled.