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Uncle Sam’s Help – Home Repairs

Posted by iNewsUSA on Sep 17th, 2009 and filed under Finance, Headlines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

The American dreamUncle Sam’s Help – Home Repairs

Thousands of homes across the country are echoing with the sounds of repairs, thanks to the expanded federal spending for weatherization assistance for homeowners and increased tax credits for those who improve their energy efficiency.

Stimulus funding bolsters the U.S. Department of Energy’s Weatherization Assistance Program with $5 billion to be spent during the next one to three years.

To put weatherization within reach of more low-income homeowners, the government raised the programs eligibility limits – they had varied from state to state – to 200 percent of the poverty level. That’s income of $21,660 for an individual and $44,100 for a family of four (higher in Alaska dn Hawaii).

Priority is given to people over 60, people with disabilities and families with children. Final eligibility is determined at the local level.

Jewel Kreider

Yorba Linda Real Estate Insider

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