In addition to standard support options, there are a few taxpayer-supported initiatives.
That may be able to assist you in funding your plan for home expansion.
You can use the Government Lodging Organization’s 203(k) program to cover both the cost of buying a home and expanding it, for example.
Compared to traditional sponsorship options, these projects typically provide lower loan costs and more adaptable prepayment terms.
In any case, if your home has a significant value, you might be able to use that value to support your expansion plan.
