The Emergency Capital Repair Grant is provided by the U.S. Department of Housing and Urban Development to family housing property owners so they can carry out emergency repairs. Funds are aimed at tackling anything that can affect the safety and health of tenants. Examples of repairs allowed under the program include structural components in critical condition and replacement of mechanical equipment. Individual investors can apply to the HUD for the funds up to the maximum grant amount of $500,000. As a requirement for compliance, your housing project should serve a useful purpose for the community or the neighbourhood where the property is located.