Find grants, rebates, forgivable loans, and free programs for Schaumburg, IL, filtered to your situation.
As of June 2026, 26 home improvement grant, rebate, and forgivable loan programs are open to homeowners in Schaumburg, IL, with individual awards up to $126,526. 7 programs target seniors, 2 serve veterans, and 13 require no income limit.
Data last verified 2026-06-09. How we verify our data.
| Funding type | Programs | Repaid? | Best for |
|---|---|---|---|
| Grants | 18 | Never repaid | Income-qualified homeowners |
| Forgivable loans | 1 | Forgiven after a residency period | Larger repairs with no money down |
| Rebates | 6 | Refunded to you after purchase | Energy-efficiency upgrades |
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HMGP provides funding after a presidentially declared disaster to help communities reduce future disaster losses. Homeow...
ICC coverage is built into every National Flood Insurance Program (NFIP) policy and pays up to $30,000 to help bring a s...
HUD funds state, county, and city governments to identify and fix lead-based paint hazards and other health hazards (mol...
EPA's WIIN Act grants and the Drinking Water State Revolving Fund (DWSRF) fund lead service line replacement programs in...
Federally-funded program administered by IHDA that provides free weatherization services to income-eligible households i...
CDBG-funded forgivable loan program for owner-occupied home repairs in Schaumburg. Eligible repairs include roofing, plu...
CDBG-funded grant program that provides accessibility modifications for Schaumburg homeowners with disabilities or senio...
ComEd offers rebates for high-efficiency HVAC equipment upgrades including central air conditioners, heat pumps, and sma...
Enhanced rebate program for installing qualifying electric heat pump systems in Schaumburg. Air-source and geothermal he...
Nicor Gas offers rebates for high-efficiency natural gas furnaces with AFUE ratings of 95% or higher. Rebate amounts var...
Rebates for high-efficiency natural gas water heaters and tankless water heaters installed in Schaumburg homes. Rebate a...
Rebates for insulation and air sealing improvements that reduce natural gas usage. Includes attic, wall, and basement in...
Free home energy efficiency upgrades for income-qualified ComEd customers including LED bulbs, advanced power strips, re...
State-funded program to identify and remediate lead-based paint hazards in homes built before 1978 where children under ...
Federal Homeowner Assistance Fund providing financial relief for homeowners who experienced hardship due to COVID-19. Co...
USDA program providing low-interest loans and grants to very-low-income homeowners in eligible rural areas to repair, im...
VA grant for veterans with certain service-connected disabilities to help build, remodel, or purchase an adapted home. E...
VA grant for veterans with certain service-connected disabilities to adapt a home for accessibility. Covers veterans who...
Allows Illinois homeowners age 65+ with household income under $65,000 to defer all or part of property tax increases on...
Freezes the equalized assessed value (EAV) of a Cook County home for eligible seniors age 65+ with household income unde...
Reduces the equalized assessed value of a senior's principal residence in Cook County by $8,000 for property tax calcula...
Illinois Adjustable Block Program provides upfront incentive payments for residential solar installations. Payment rates...
Federal tax credit covering 30% of the cost of installing solar energy systems, including solar panels, solar water heat...
Village rebates for water-efficient fixtures and equipment including high-efficiency toilets ($100), smart irrigation co...
Grant program to assist income-qualified homeowners with the cost of repairing or replacing private sewer laterals. Cove...
Emergency grant for furnace repair or replacement for income-qualified Schaumburg homeowners during the heating season. ...
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.
Pick a project to see how much funding could stack on it from multiple programs in this city.
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26 programs are currently listed for Schaumburg, including FEMA Hazard Mitigation Grant Program (HMGP), FEMA Increased Cost of Compliance (ICC) Coverage, HUD Lead Hazard Control & Healthy Homes.
Grants do not have to be repaid. Forgivable loans are forgiven over a residency period, and rebates refund your money after the purchase. In Schaumburg, 18 programs do not require repayment, 1 is forgivable loan, and 6 are rebates.
Every program listing carries the official application link and phone number for the administering agency. Homeowners apply directly with that agency; there is no middleman and no fee.