IHDA Single Family Rehabilitation Loan Program

Illinois Housing Development Authority (IHDA)

Available Home Repair

About This Program

Low-interest rehabilitation loans for owner-occupied homes in Illinois. Fixed 1% interest rate with up to 20-year repayment term. Can be used for major repairs, improvements, and code violations. Available through participating lenders.

Loan at 1% fixed interest rate, repaid over up to 20 years

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

Key Details

  • Low-interest loan up to $50,000 at 1% rate
  • Up to 20-year repayment term
  • Available to homeowners statewide
  • Covers major repairs and improvements
  • Apply through participating lenders

How to Apply

A grant-savvy contractor in Matteson, 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 Matteson 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: Ongoing subject to funding availability

Questions about this program?

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

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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 Matteson, IL

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