06/10/2026
Extra! Extra! Read all about! Downpayment Grants... NOT Loans!
The City of Chicago is putting money where its mouth is! New Homegrown Program... HomeGrown is funded with $21 million from Mayor Johnson’s $1.25 billion Housing and Economic Development Bond.
"It was created to close the affordability gap that keeps many working families from reaching homeownership — particularly the upfront costs that make an otherwise financially capable buyer feel stuck on the sidelines."
"The program provides direct grant assistance (not a loan) for down payments and closing costs. Grants sizes are determined by the buyer’s income and the location of the property they’re purchasing."
https://chicagorealtor.com/chicago-just-launched-a-new-down-payment-assistance-program-heres-what-your-clients-need-to-know/
Hit me up and lets work together to get you in the Home Game!
Chicago Just Launched a New Down Payment Assistance Program — Here's What Your Clients Need to Know A new city program could put homeownership within