Home Improvement Grants in Mount Prospect.

Find grants, rebates, forgivable loans, and free programs for Mount Prospect, IL, filtered to your situation.

As of June 2026, 25 home improvement grant, rebate, and forgivable loan programs are open to homeowners in Mount Prospect, IL, with individual awards up to $126,526. 9 programs target seniors, 2 serve veterans, and 10 require no income limit.

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Showing 25 programs
Varies, no individual cap; projects typically $10K-$200K+

FEMA Hazard Mitigation Grant Program (HMGP)

HMGP provides funding after a presidentially declared disaster to help communities reduce future disaster losses. Homeow...

Disaster
Up to $30,000

FEMA Increased Cost of Compliance (ICC) Coverage

ICC coverage is built into every National Flood Insurance Program (NFIP) policy and pays up to $30,000 to help bring a s...

Disaster
Varies by jurisdiction, typically $5,000-$15,000 per unit

HUD Lead Hazard Control & Healthy Homes

HUD funds state, county, and city governments to identify and fix lead-based paint hazards and other health hazards (mol...

Seniors & Disability
Varies, full line replacement cost covered in many programs

EPA / WIIN Act Lead Service Line Replacement

EPA's WIIN Act grants and the Drinking Water State Revolving Fund (DWSRF) fund lead service line replacement programs in...

Seniors & Disability
Forgivable loan up to $30,000

Mount Prospect Owner-Occupied Housing Rehabilitation Program

CDBG-funded rehabilitation assistance for owner-occupied homes in Mount Prospect. Provides forgivable loans for major re...

Home Repair
Grant up to $5,000

Mount Prospect Senior Accessibility Modification Program

Provides grants for accessibility modifications for seniors and persons with disabilities in Mount Prospect. Covers ramp...

Seniors & Disability
Low-interest loan up to $15,000

Mount Prospect Water & Sewer Lateral Replacement Loan

Provides low-interest loans to homeowners for repair or replacement of private water service lines and sewer laterals on...

Home Repair
Free weatherization up to $8,000

Illinois Weatherization Assistance Program (WAP)

Federally funded weatherization program serving Mount Prospect through the Illinois DCEO. Provides free energy efficienc...

Weatherization
Up to $25,000 deferred loan

IHDA Home Accessibility Program

IHDA program providing deferred-payment loans for accessibility modifications for persons with disabilities. Covers ramp...

Seniors & Disability
Rebates up to $2,500

ComEd Home Energy Rebate Program

ComEd rebates for energy-efficient home improvements including central air conditioning, heat pumps, insulation, air sea...

Energy
Free energy efficiency upgrades

ComEd Income Qualified Efficiency Program

Free comprehensive energy efficiency services for income-qualified ComEd customers. Includes free LED bulbs, smart therm...

Energy
Rebates up to $2,000

Nicor Gas Energy Efficiency Rebates

Nicor Gas rebates for high-efficiency natural gas furnaces, boilers, water heaters, and insulation. Available to all Nic...

Energy
Free furnace and weatherization services

Nicor Gas Income Qualified Program

Free furnace replacement, repair, and weatherization services for income-qualified Nicor Gas customers. Includes free fu...

Energy
Performance-based solar incentives

Illinois Shines Solar Incentive Program

Illinois Shines provides renewable energy credits for homeowners who install solar panels. Approved vendors handle incen...

Solar/Renewable
Grant up to $10,000

Cook County Senior Home Repair Program

Cook County program providing home repair grants to seniors age 62 and older with household incomes at or below 50% AMI....

Seniors & Disability
Up to $10,000 grant (age 62+) and $40,000 loan, $50,000 combined

USDA Section 504 Home Repair Program

USDA loans and grants for very-low-income homeowners in eligible rural areas to repair, improve, or modernize their home...

Home Repair
Up to $126,526 (SAH) or $25,350 (SHA), FY2026

VA Specially Adapted Housing (SAH) Grant

VA grant for veterans with certain service-connected disabilities to adapt or purchase a specially adapted home. Covers ...

Veterans
Up to $25,350 (SHA), FY2026

VA Special Housing Adaptation (SHA) Grant

VA grant for veterans with certain service-connected disabilities to make accessibility adaptations to their home. Cover...

Veterans
Free lead hazard removal

Illinois Department of Public Health Lead Poisoning Prevention Program

State-funded lead hazard control for homes built before 1978 with children under 6 residing or regularly visiting. Provi...

Home Repair
Up to $24,999 rehabilitation assistance

Illinois HOME Investment Partnerships Program

Federal HOME funds administered by IHDA for owner-occupied rehabilitation in participating Illinois communities. Provide...

Home Repair
Tax deferral with low interest

Illinois Senior Citizens Real Estate Tax Deferral Program

Allows Illinois homeowners age 65 or older with household income under $65,000 to defer all or part of their property ta...

Property Tax Relief
Annual exemption up to $8,000 EAV reduction

Cook County Senior Citizen Homestead Exemption

Reduces the equalized assessed value (EAV) of a home by $8,000 for Cook County homeowners age 65 or older. This reduces ...

Property Tax Relief
Freezes EAV at prior year level

Cook County Senior Freeze Exemption

Freezes the equalized assessed value (EAV) of a home for Cook County homeowners age 65 or older with household income un...

Property Tax Relief
One-time assistance up to $1,500

Illinois Low Income Home Energy Assistance Program (LIHEAP)

Federal energy assistance program helping low-income Illinois households pay heating bills. Priority for seniors, disabl...

Energy
Varies by project scope

FEMA Flood Mitigation Assistance Program

FEMA program funding flood mitigation projects for properties with flood insurance. Covers elevation, acquisition, demol...

Disaster

💡 Stack programs to maximize your savings

Many of these programs can be combined. For example, you can use a city repair grant for the work, a utility rebate for the energy savings, and a federal tax credit on top, all for the same project.

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