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Aurora Home Ownership Assistance Program (HOAP)

Administered by: City of Aurora Division of Neighborhood Redevelopment · City · Silent Second Mortgage

Funding status: Closed

How much assistance

Up to ,000 (Silent Second Mortgage)

0% interest silent second loan. Repaid at sale, refinance, or when no longer the primary residence.

Eligibility

  • Income limits: At or below 80% Area Median Income, varies by household size.
  • First-time buyer required: Yes — Has not owned a home in the past 3 years.
  • Geographic restrictions: Property must be located within the City of Aurora city limits.
  • Homebuyer education required: Yes

How to Apply for Aurora Home Ownership Assistance Program (HOAP)

Step 1: Program is currently being restructured and is not accepting new applications. Contact the City of Aurora Division of Neighborhood Redevelopment at 630-264-3060 for current status. Applicants must contribute a minimum of 1% of the purchase price from their own funds and attend an approved homebuyer education workshop.

Notes

HOAP is the city of Aurora, IL program. A related "CHOOSE AURORA" forgivable assistance version has also been offered in past years. Confirm current terms and amounts with the City before planning.

Cities Where This Program Is Available