Banks and Lenders: Banks and lending agencies also offer reverse mortgages that allow homeowners to turn the value of their home into cash. Contact your Local Bank/Lender
Health Insurance: Some private health insurance and long term care insurance plans pay for limited home modifications. Check with your insurance provider.
Internal Revenue Service (IRS): If the home modifications meet certain conditions, they may be tax deductible. Part of the expense of installing lifts may be deductible if they increase the resale value of the property and have been prescribed as medically necessary. Consult a tax professional. www.irs.gov/pub/irs-pdf/p502.pdf
Rural Housing Services (RHS) Grants/Loans: The Very Low-Income Housing Repair Program, provides loans and grants to very low-income persons 62 years and older to repair, improve, or modernize their dwellings or to remove health or safety hazards.www.rurdev.usda.gov/recd_map.html or www.rurdev.usda.gov/rhs/Individual/ind_splash.htm
