A substantial fund exists to lend money to RMBI Annuitants or recipients of Masonic Relief Grants who are owner-occupiers, to enable them to carry out essential repairs or improvements to their homes, thereby enhancing their quality of life.
Annuitants of the RMBI or recipients of Masonic Relief Grants, who are aged over 65 years may be eligible for the Loan. The Loan is repaid with interest, either when the property is sold or on the death of the recipient.
These Loans are offered only after all other avenues of assistance, such as government grants, are exhausted. Recently the terms of the Fund were extended to cover other special cases deemed worthy of support. Loans have previously been awarded for:
- Replacement of roofs
- Installing stair lifts
- Converting rooms to assist disabled individuals
- Double glazing
- Installing/replacement of central heating