Can You Use Government Grants to Become A Real Estate Entrepreneur?

by: Michael Saunders

Grants are not Benefits or Entitlements. A Federal Grant is an award of financial assistance from a Federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States. Grants are not Federal assistance or loans to individuals.

Since 2002, the federal government has been developing and implementing Grants.gov as a collaborative cross-government program focused on streamlining grants management for the Federal grant community.

Can You Real Estate Apprentice Grant your way to being a Real Estate Entrepreneur?

The real Estate apprenticeship grant is one of the few grants that actually offer financial assistance for people who seek profit. Usually, government awarded grants are provided only for non-profit individuals or institutions.

The program aims to improve the US real estate industry by providing education and training to people interested in pursuing real estate as a career. It awards grants every six months totaling to $1,000,000.

By assisting new real estate agents the grant aims to help these novices increase their sales by giving them guidance and training, as well as the stat-up cost, all to improve the real estate industry as well as to improve the individual.

What can this grant do for me?

Based on each type of grant each finalist awarded the grant receives an estimate of $7000 in the form of:

1. Compensation of your licensing fee as well as the provision to attend any class offered by RealtyU School for once year.

2. Unlimited online access to a real estate mentoring service as well as counseling calls from your mentor.

3. Software named Transaction Manager that can be automated to store data from every transaction for every deal you make. It automatically calculates and stores due-dates and is very good for easy data access and storage.

4. A free consultation from McLean International Consulting at your own office. They will give you advice on business system technology.

5. A marketing package which includes the designing of your own stationary, business cards, envelopes and letterheads, a custom brochure, printing and design of PowerKards as well as your very own web site.

6. A detailed demographic information system about neighborhoods in the country.

7. 20-30 real estate books.

8. The real estate Success Kit with a mortgage calculator and a Laser Dimension Master.

9. Free printing from Express Copy

10. A one-year subscription to visual tours to help you create visuals for online listings as well as train you for neighborhood tours.

11. You become a member of the Real Estate Cyberspace Society

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Did you know?

Applying at Grants.gov can reduce your costs and the time required to find government grant opportunities and process your application. The site provides access to multiple grantors and reduces paperwork.  (continued...)

Can You Use Government Grants to Become A Real Estate Entrepreneur?
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About The Author Michael Saunders has an MBA from the Stanford Graduate School of Business. He edits a site on Government Grants for Small Businesses and also edits HandsNet - A Human Services News Website.

Additional Resources

category - Home Buying Programs

California Homebuyer's Downpayment Assistance Program for First Time Home Buyers
The California Homebuyer's Downpayment Assistance Program is a deferred payment junior loan that can be used in conjunction with other CalHFA housing programs. It provides borrowers with funds amounting to 3% of the actual value of the property that they wish to inquire in order to cover the downpayment costs.

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Department of Housing and Urban Development: Continuum of Care Homeless Assistance Programs
The CoC Homeless Assistance programs is designed to reduce the incidence of homelessness in established CoC communities, thereby the need to assist homeless individuals and families during the process of quickly transitioning to self-sufficiency and permanent housing.

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Rural Community Development Initiative
The Rural Community Development Initiative can be awarded to legally qualified private, public, and tribal groups or organizations that have the experience and capability of providing training and technical assistance to nonprofit community-based housing and community development organizations, as well as low income rural communities.

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Affordable Housing Partnership Program for the First Time Home Buyers in California
The Affordable Housing Partnership Program is a housing opportunity that enables first time home buyers in the State of California to seek financial assistance from lending institutions that have formed a partnership with CalHFA for the purposes of this endeavor.

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