Ready for Homeownership?
Find out if you’re eligible for up to $15,000 in down payment assistance from South Suburban Housing Center’s Inclusive Communities Fund. Below are the basic requirements, eligible communities, and our preferred lenders.
Applicants Must Complete Homebuyer Education & One-on-One Counseling
Click the following links to find out more information about these programs.
Five-Year Forgivable Grant
Primary Residence, One-Unit Properties
Cannot Own Other Residential Real Estate at Closing
Funds Are Very Limited – FIRST COME FIRST SERVE
Conventional Financing & Preferred Lenders Only
You are encouraged to compare products, rates, and services of multiple lenders and are entitled to choose whichever lender and lending product best meets your needs.
- Associated Bank – Paula M. Grant, paula.grantt@associatedbank.com
- BMO Harris – Tina Hobbs, tina.hobbs@BMO.com
- CIBC – Ellen Brazley, ellen.brazley@cibc.com
- Chase – Tai-Rebecca Cotton, tairebecca.robsinson@chase.com
- Fifth Third Bank – Claude Connor, claude.connor@53.com
- First Merchants Bank – Ricardo Arambula, rarambula@firstmerchants.com
- First Savings Bank of Hegewisch – Rex A. Davis, II, r.davis@fsbhegewisch.com
- Huntington – John Listello, john.c.listello@huntington.com
- Mutual of Omaha – Tom Meneses, tmeneses@mutualmortgage.com
- Old National Bank – Ivis Avilez, ivis.avilez@oldnational.com
- Wintrust – James Harris, jharris@wintrustmortgage.com
Grant Amount is Based on Household Income (up to 120% AMI)
2022 Area Medium Income (AMI) limits are for the Chicago-Naperville-Joliet HUD Metro Area. See the charts below to see your household AMI.
- Less than 60% AMI: $15,000 Grant
- 60 – 80% AMI: $10,000 Grant
- 80-120% AMI: $5,000 Grant
Household Size | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
---|---|---|---|---|---|---|---|---|
< 60% | $43,800 | $50,040 | $56,280 | $62,520 | $67,560 | $72,540 | $77,580 | $82,560 |
60-80% | $58,350 | $66,700 | $75,050 | $83,350 | $90,050 | $96,700 | $103,400 | $110,050 |
80-120% | $87,600 | $100,080 | $112,560 | $125,040 | $135,120 | $145,080 | $155,160 | $165,120 |
Must Purchase in One of the Following Eligible Communities
- Blue Island
- Burnham
- Calumet City
- Calumet Park
- Chicago Heights
- Country Club Hills
- Dixmoor
- Dolton
- East Hazel Crest
- Fairmont
- Flossmoor
- Ford Heights
- Glenwood
- East Hazel Crest
- Flossmoor
- Ford Heights
- Glenwood
- Harvey
- Hazel Crest
- Homewood
- Hopkins Park
- Kankakee
- Lansing
- Lynwood
- Markham
- Matteson
- Olympia Fields
- Park Forest
- Phoenix
- Posen
- Richton Park
- Riverdale
- Robbins
- Sauk Village
- South Chicago Heights
- South Holland
- Summit
- University Park