If you live in the state of Illinois and you want to repair or even purchase your next home but you are facing budget constraints, you will be pleased to find out that you can apply for a loan or a grant. The government has set aside funds to help low-income homeowners. 

These loans and grants are accessible to homeowners all over the state to help with repairs, removal of health hazards, and even purchase their homes. There are rules and regulations pertaining to the different programs and each program has specifications on who has access to it. However, it is worth looking into these grants.

IDHA Single Family Rehabilitation Program

IDHA (Illinois Housing Development Authority) designed this program for very low-income families. The IDHA’s Single-family rehabilitation program helps these low-income families to repair their homes and even remove health and safety hazards.

You can qualify for the loan if you meet the following requirements; the property is pre-owned and households are at 80% of the area median income or under. The program offers a forgivable loan of up to 45,000 dollars to cover cabinetry, stairs, heating, ventilation, and air conditioning. 

A roof-only option is also available in this program. This roof-only option offers a forgivable loan of up to 16,500 dollars to repair roofs and any other related structure.

USDA Rural Development Single Family Housing Repair Loans and Grants 

This is a program that offers loans and grants to families all over the United States. The purpose of the Development Single Family Housing Repair Loans and Grants is to create affordable housing and modernize structures. However, the grant is strictly only used for the removal of health hazards. The loan is up to 40,000 dollars, while the grant is up to 10,000 dollars and is issued to homeowners above 62 years of age. 

This program is available to those who; can not afford credit, live in a permitted rural area, and they are an income that does not exceed the country’s very low limit, which in the state of Illinois is between 37,950 dollars and 50,000 dollars. 

FHA’s 203(K) Rehabilitation Mortgage Insurance 

This option is perfect for homeowners who want to save on time and even higher interest rates. If you are searching for an affordable and suitable option, then FHA’S 203(K) Rehabilitation Mortgage Insurance is the one for you. 

This program offers support to homeowners who want to purchase or refinance and repair a family home. It ensures a single long-term loan that can either be fixed or adjustable. In addition, the property should be at least one-year-old and it should need at least 5,000 dollars in repairs in activities like repairing a plumbing and removing safety hazards.


If you struggle with home repairs and construction, you don’t have to sell your home. The state of Illinois provides you with financial options to help you deal with construction or repairs. You can easily apply for one of these grants or loans to help you finance your project

Meet Lance Davis


Lance Davis is a third generation Concrete Contractor with over 10+ years experience in concrete repair and slabjacking. His company Davis & Sons Concrete has proudly served all of North Central Illinois, Rockford and the outer suburbs - and he would love to hear from you!

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