www.illinois.gov

Pat Quinn, Governor

State Links Skip to Content Skip to State Links

 Government
 Business
 Employment
 Education
 Health & Safety
 Family & Home
 Visiting
 About Illinois
 Illinois.gov

Stay Informed

Your Government


Illinois Flag Honors

Inspector General


 IGNN: State/All Press Release

ILLINOIS NEWS
The State of Illinois News page provides access to the Illinois Government News Network and all state press releases.


FOR IMMEDIATE RELEASE
January 21, 2014

Federal Grants to Help IL Homeowners Afford Critical Repairs
$6.1 million in grants to stimulate economic activity

CHICAGO – A new round of $6.1 million in federal funds will help low-income homeowners, including seniors and persons with disabilities, afford the necessary repairs to stay in their homes. The Illinois Housing Development Authority (IHDA) today announced the Single-Family Owner-Occupied Rehabilitation (SFOOR) program will ensure 148 homeowners can keep up with necessary but costly repairs – and will keep communities strong by stabilizing neighborhoods and creating local economic activity.

On behalf of Governor Pat Quinn, IHDA will allocate the federal HOME Investment Partnerships Program (HOME) grant money to 31 public and not-for-profit organizations. Work may include roof repairs, siding, plumbing and heating system upgrades, or window or electrical wiring replacements. Statewide, the work will generate an estimated 45 jobs, $4 million in income and wages for local businesses and $338,600 in local taxes.
“Governor Quinn's administration is focused on strategies that help keep homeowners in their homes and keep communities intact,” IHDA Executive Director Mary R. Kenney said. “Reinvestment in these homes will help alleviate the financial burden of home maintenance, increase energy efficiency, improve the overall housing stock and create economic activity in communities across the state.”
With the recent approval of the IHDA board, the program will be available to homeowners in May.
Homeowners can apply to the sponsors for forgivable loans of up to $40,000, based on the amount of rehabilitation needed. For expenses up to $14,999, the loan will be forgiven over five years; and loans between $15,000 and $40,000 are forgiven over 10 years. If a homeowner sells their home before the loan expires, they must repay the remaining balance of the loan.
 
Eligibility Requirements Include:
  • Household income must be at or below 80 percent of the area median income (Four-person household: $57,900 in Chicago area; $50,950 in Peoria; $53,700 in Metro East, and; $50,250 in Rock Island)
  • Homeowners must continue to occupy the property to be rehabilitated as their principal residence
More information will be available at www.ihda.org, and through the agencies and organizations offering the grant assistance.
 
The following organizations will make the grant money available to homebuyers in May: 

Chicago Suburbs
Area Served
Homebuyers
Funds Allocated
Contact
Community Contacts, Inc.
Kendall and DeKalb Counties
8
$330,000
(847) 697-8800
City of Kankakee
City of Kankakee
5
$168,000
(815) 933-0506
TOTAL
 
13
$498,000
 

 
Metro East
Area Served
Homebuyers
Funds Allocated
Contact
BCMW Community Services
Bond, Clinton, Marion and Washington Counties
8
$330,000
(618) 526-7123
City of Mount Olive
City of Mount Olive
3
$126,000
(217) 299-1575
Village of Brighton
Village of Brighton
3
$126,000
(217) 299-1575
Village of White City
Village of White City
3
$126,000
(217) 299-1575
TOTAL
 
25
$1,038,000
 

Rockford Area
Area Served
Homebuyers
Funds Allocated
Contact
City of Freeport
 
City of Freeport
4
$168,000
(815) 235-8200
City of South Beloit
City of South Beloit
4
$168,000
(815) 636-9590
Northwestern Illinois Community Action Agency
Jo Daviess and Stephenson Counties
6
$250,000
(815) 232-3141
Village of Machesney Park
Village of Machesney Park
4
$168,000
(815) 636-9590
TOTAL
 
18
$754,000
 

Quad Cities
Area Served
Homebuyers
Funds Allocated
Contact
City of Moline and East Moline
City of Moline and East Moline
4
$168,000
(309) 524-2034
City of Abington
City of Abington
4
$168,000
(309) 837-3941
Tri-County Opportunities Council
Bureau, Carroll, LaSalle, Lee, Marshall, Ogle, Putnam, Stark and Whiteside Counties
6
$250,000
(815) 625-7830
Project NOW
Rock Island, Mercer and Henry Counties
8
$330,000
(309) 793-6391
Rock Island Economic Growth Corp.
Rock Island
6
$250,000
(309) 788-6311
City of Rock Falls
City of Rock Falls
6
$250,000
(815) 564-1366
TOTAL
 
34
$1,416,000
 

Peoria
Area Served
Homebuyers
Funds Allocated
Contact
City of Havana
City of Havana
4
$168,000
(309) 837-3941
Peoria Citizens Committee for Economic Opportunity, Inc.
Peoria County
6
$250,000
(309) 671-3900
TOTAL
 
10
$418,000
 

Central
Area Served
Homebuyers
Funds Allocated
Contact
CEFS Economic Opportunity Corp.
Christian, Montgomery, Shelby, Moultrie, Effingham, Fayette and Clay Counties
4
$168,000
(217) 342-2193
Coles County Regional Planning and Development Commission
Cities of Charleston and Mattoon in Coles County; City of Arcola in Douglas County; City of Martinsville in Clark County
8
$330,000
(217) 348-0521
TOTAL
 
12
$498,000
 

Quincy
Area Served
Homebuyers
Funds Allocated
Contact
City of Quincy
City of Quincy
4
$168,000
(217) 228-4515
Two Rivers
Adams County
4
$168,000
(217) 224-8171
TOTAL
 
8
$336,000
 

Southern
Area Served
Homebuyers
Funds Allocated
Contact
Wabash Area Development, Inc.
Edwards, Gallatin, Hamilton, Saline, Wabash, Wayne and White Counties
6
$250,000
(618) 384-5541
City of Ava
City of Ava
3
$126,000
(618) 732-8773
Western Egyptian E.O.C., Inc.
Jackson, Monroe, Perry and Randolph Counties
8
$330,000
(618) 965-3313
City of Carbondale
City of Carbondale
4
$168,000
(618) 457-3233
City of Golconda
City of Golconda
3
$126,000
(618) 439-9447
City of Jonesboro
City of Jonesboro
3
$126,000
(618) 439-9447
City of Mount Vernon
City of Mount Vernon
3
$126,000
(618) 732-8773
City of Creal Springs
City of Creal Springs
3
$126,000
(618) 439-9447
Village of Stonefort
Village of Stonefort
3
$126,000
(618) 732-8773
TOTAL
 
28
$1,174,000
 



###

News Categories

 State/All
 Governor's Office
 Lt. Governor's Office
 Agriculture
 Budget/Fiscal
 Business
 Children/Families
 Culture
 Disabilities
 Economic Development
 Education
 Environment
 Flag Honors
 Health/Human Services
 History
 Infrastructure
 Opportunity Returns
 Recovery
 Safety/Security
 Technology
 Tourism/Recreation
 Transportation
 Workforce/Jobs

News Resources

 Search the News
 IIS Radio News
 RSS News Feeds
 e-News Subscriptions
 Communications Office
 Privacy Statement

Features

Sign up for an e-news subscription
Copyright © 2014 State of Illinois Site Map | Illinois Privacy Info | Kids Privacy | Web Accessibility | Contact Us