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Lake County Down Payment Assistance Program (CPAH)

Administered by: Community Partners for Affordable Housing (CPAH) · County · Deferred Loan

Funding status: Active

How much assistance

Up to $13,999 (Deferred Loan)

0% interest deferred second loan with no monthly payments. Forgives 1/60th per month beginning 60 days after closing, fully forgiven after 5 years of owner-occupancy.

Eligibility

  • Income limits: At or below 80% Area Median Income — confirm current limits with CPAH.
  • First-time buyer required: Yes — Has not owned a home in the past three years.
  • Geographic restrictions: Home must be located in Lake County, Illinois.
  • Homebuyer education required: Yes

How to Apply for Lake County Down Payment Assistance Program (CPAH)

Step 1: Apply through Community Partners for Affordable Housing (CPAH). Complete HUD-approved homebuyer education (the Lake County Housing Authority offers it free). Work with an IHDA-participating lender if layering state assistance.

Notes

Funded via HUD HOME dollars through the Lake County Consortium. Verify current funding availability with CPAH before making an offer.

Cities Where This Program Is Available