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Those grants that come with conditions are categorised as forgivable loans, since the principle amount is just not forgiven until those stipulations are met. Government grants are made in order to persuade or assist enterprises to pursue courses of action that are deemed being socially or economically desirable. The range of grants available is extremely wide and changes regularly, reflecting modifications in government policy. Free housing grants are around for anyone who wants buying a home.

Over $140 billion are allocated for home grants. The money granted through home grants can be used to pay settlement costs, advance payment or possibly a area of the purchasing price. Assistance is also available in the form of low-interest loans. There are special grants intended for: mobile homes or parks, rental housing properties, new constructions, RV parks, new homeowners, commercial properties, apartment buildings, etc.

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