Homeowner Resources

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Housing Rehab Loans and Grants

The Rehabilitation Program provides owner-occupants and owners of residential structures with financial assistance based upon family size and income. Often, recipients cannot afford the necessary improvements to their property without subsidies. Housing Rehabilitation funding provides the most immediate source of funding to address issues of safety and well-being for low income residents. In order to ensure funds are utilized in the best manner, the city uses a priority ranking to decide which projects to fund and when. Health and safety risks, followed by structures where it is apparent violations will exist in the near future are addressed on an immediate or near-term basis.

2009 Plan for Affordable Housing

Evanston offers a diverse range of safe and decent for-sale and rental housing opportunities that are affordable for all households regardless of age, race, national origin, family size, socioeconomic level, sexual orientation, or ableness. Affordable housing is seamlessly integrated throughout the City and highly valued and supported by residents and policymakers. 

Housing Counseling Resources

There are many housing counseling resources available through the Housing Opportunity Development Corporation, several local credit unions, as well as CEDA/ Neighbors at Work. There are also additional counseling resources on the Housing and Urban Development website.

Home Affordable Federal Program

A new federal program announced in 2009 is designed to help millions of families restructure or refinance their mortgages in order to achieve affordable mortgage payments. The program provides guidelines for both loan modifications and loan refinancing, and offers incentives to lenders to follow the guidelines. 

Illinois Housing Development Authority

At IHDA, we believe success starts with our people—no matter the position, each employee’s work with IHDA has an impact that helps change lives, build stronger communities, and create a better Illinois. The employees of IHDA help fulfill our mission on a daily basis to finance the creation and preservation of affordable housing in Illinois, through home buyer assistance and rental assistance. 

Community Partners for Affordable Housing

COMMUNITY PARTNERS FOR AFFORDABLE HOUSING (CPAH) is a nonprofit that provides permanently affordable housing (both ownership and rental) for those who struggle to meet their basic human need of housing.  CPAH is one of the few entities addressing the lack of safe, decent affordable housing in the region and it is the only entity that builds a permanent inventory of housing which will remain affordable forever to address the communities; current and future affordable housing needs.

Federal Home Loan Bank of Chicago

The mission of the Federal Home Loan Bank of Chicago is to partner with our member shareholders in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for community investment activities. We’re one of 11 Federal Home Loan Banks chartered by the U.S. Congress in 1932 to promote homeownership. Our members include banks, thrifts, credit unions, insurers, and community development financial institutions throughout our district.

Housing Opportunity Development Corporation 

HODC is committed to expanding housing opportunities in Chicago’s northern suburbs. We are a community-based organization that develops and manages affordable homes for low- and moderate-income households. We also offer first-time homebuyer counseling and educational presentations on affordable housing issues.