You can get up to $125,000 in free money to build tiny home from $85million pot but you must meet specific requirements

Aila SliscoSeptember 4, 2023

Eligible Americans can receive up to $125,000 in free cash.

Some states are encouraging residents to build tiny houses as their popularity has increased since the pandemic began.

One of them is New York, which thanks to its 2022-2023 state budget has allocated US$85 million for the modernization and creation of housing units.

The Plus One Accessory Dwelling Units (ADU) program allows eligible homeowners in the state to apply for up to $125,000 in grants.

New York State Homes and Community Renewal (HCR) manages the program’s funds.

WHO IS ELIGIBLE?

The funding aims to support low- and middle-income New Yorkers who want to improve their property or add more.

Interested parties must apply to their local program administrators.

The HCR has a list of administrators listed online that you can consult.

Eligibility requirements depend on income, which may vary depending on the county in which they live.

For example, Westchester County Habitat for Humanity (WCHFH) is one of the state nonprofit organizations that helps launch local ADU programs.

This is dedicated to the residents of Bedford, Dobbs Ferry, Hastings-on-Hudson and Irvington.

Homeowners living there must have an income that is 100 percent or less of the area’s median income.

In addition, you may be eligible for the program if you wish to use the ADU for rental to a long-term tenant.

However, the property may not be used as a holiday rental.

It is unclear whether applications are currently being accepted nationwide.

However, WCHFH requires addresses and pre-application documentation before allowing residents to complete a full application.

The US Sun has contacted the HCR for more information.

Recently, The US Sun named other states that offer grants for building a tiny home.

One of them is California with its $50 million budget.

Low- to middle-income residents can apply for up to $40,000 at the start of the program.

Also, Vermont plans to offer its own ADU program as part of a $15 million potency.

Applicants can apply for up to $50,000.

To see if grants are available in your area, be sure to Google your state, type in ADU, and see if you meet the eligibility requirements.

For more related stories, a creative influencer bought a tiny house that was in great condition for just $3,000.

And Home Depot has a $50 security fence that hides outdoor areas.

Aila SliscoSeptember 4, 2023