HOME Investment Partnerships Program

City of Elgin / HUD HOME Funds

Available Home Repair

About This Program

Federally funded HOME program administered by the City of Elgin provides forgivable loans for substantial rehabilitation of owner-occupied homes. Loan is forgiven after 10 years of continued occupancy and compliance.

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

Key Details

  • Forgivable loan up to $35,000 for major repairs
  • Income at or below 80% AMI required
  • Must be owner-occupied in Elgin
  • Forgiven after 10 years of compliance
  • Funded by HUD HOME Investment Partnerships

How to Apply

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

Deadline: Applications reviewed on rolling basis

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

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