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Cook County recently approved a plan that allocates $15 million from the county’s nearly $10 billion budget for a program crafted to aid seniors and others struggling with the rising costs of ...
State grants. The U.S. Department of Housing and Urban Development (HUD) offers assistance programs and community development grants for homeowners in each state. Each grant, including award ...
Programs include financial fitness, downpayment assistance, employer-assisted housing, and first-time homebuyer seminars. The West Cook Homeownership Center is also a part of the Neighborhood Stabilization Program, allowing the agency to rehab and market homes within communities of West Suburban Cook County.
The CDBG program was enacted in 1974 by President Gerald Ford through the Housing and Community Development Act of 1974 and took effect in January 1975. Most directly, the law was a response to the Nixon administration's 1973 funding moratorium on many Department of Housing and Urban Development (HUD) programs. [1]
Open Communities (formerly Interfaith Housing Center of the Northern Suburbs) is a nonprofit organization that advocates for fair and affordable housing in 17 northern suburbs of Chicago. [1] Open Communities' mission is to educate, advocate, and organize to promote just and inclusive communities in north suburban Chicago.
Down payment assistance (DPA) programs are loans and grants designed to provide homebuyers with money to help them pay for a down payment. Some programs also help with closing costs. There are ...
The Rental Assistance Demonstration is a federal housing program that was enacted as part of the Consolidated and Further Continuing Appropriations Act, 2012, [1] and is administered by the U.S. Department of Housing & Urban Development (HUD). Broadly, the purpose of the Rental Assistance Demonstration (or RAD) is to provide a set of tools to ...
You can also ask your lender about senior citizen mortgage assistance programs that are available in your state. Be sure to consider your spouse or partner when deciding to get a mortgage.
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