Veterans Home Renovation Grant

We are please to work together with South Point Bank to help eligible veterans or active-duty members of the U.S. military*, their spouses, or their surviving spouses access free grant funds from the Federal Home Loan Bank to pay for accessibility improvements or energy-efficient upgrades to a home . No matching funds from the homeowner are required.
Home Rehabilitation Grant:          
Up to $12,500 hardcost for serving any branch of the U.S. military & $15,000 who have served overseas, for energy efficiency, weatherization, and accessibility improvements of an owner-occupied home. Eligible improvements include exterior ramps and sidewalks, bathroom and kitchen renovations, door widening, floor replacement, exterior doors, heating and air conditioning systems, insulation, roof, windows, low-flow plumbing fixtures, and more.
 To Qualify:
 Must be a Veteran or surviving spouse

Owned home for at least 30 days

Based off household annual income
 Limits are: 1 person $35,200, 2 person $40,200, 3 person $45,250, 4 person $50,250, 5 person $54,300,+
 Documents required for FHLB program: DD-214, copy of Driver License, Last Pay stub from 2017, 30 days consececutive pay stubs with YTD income, Social Security/VA/Pension award letters.

Contact us today for more information at  (205) 699-2283

*The Veterans Products are products of the Federal Home Loan Bank of Atlanta and are available to veterans or active-duty members of any branch of the U.S. military, their spouses, or their surviving spouses. National Guard Reservists are eligible if they have served in active duty or performed services in active duty or were injured in active duty.

As of 6/07/2018