IHDA Homeowner Rehabilitation Loan Program

Illinois Housing Development Authority

Available Home Repair

About This Program

Forgivable loan for major home repairs and rehabilitation in Illinois. Covers structural repairs, roofing, HVAC, plumbing, electrical, and foundation work. Loan is forgiven after 10 years of owner occupancy. Available through local administrators.

Forgivable loan, no repayment if you remain in home 10 years

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Forgivable loan up to $50,000
  • Income up to 120% AMI may qualify
  • Covers major repairs and rehabilitation
  • Forgiven after 10 years of occupancy
  • Available through local administrators

How to Apply

A grant-savvy contractor in Carol Stream, IL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Carol Stream early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Deadline: Check with local administrator for current availability

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Carol Stream, IL

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