Budget & Finance > Home BuyingSeptember 06, 2007

Grants For Seniors To Buy a Home

I would like to buy a house for me and my husband where we can control the environment we live in. We need a grant to do so. Where do we go or how do we apply.

Arlene from Mechanicville, NY

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09/11/2007

One of the states around New York (Delaware? Rhode Island? I can't remember) has a trust set up for historic homes. The state keeps ownership of the house, and you move in and restore it, if it needs it, while you're living there. There is no rent to pay, and you can live there as long as you wish. There is a list of homes available. Some are real fixer-uppers, and some are ready to live in. You have your choice. The benefit to the state is that the historic homes are saved. The article about it was in the New York Times 4 or 5 days ago. Sorry I can't recall more about it.

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