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Get Matched Free →HACC County-Wide Homeownership Program
Funding status: Active
How much assistance
Up to $40,000 second mortgage
50% of the loan is forgiven at 10% per year over 10 years of owner-occupancy. The remaining 50% becomes due only on transfer of title to anyone other than the original head(s) of household.
Eligibility
- Income limits: Income-eligible households — confirm current limits with the Housing Authority of Champaign County.
- First-time buyer required: No
- Geographic restrictions: Home must be located within Champaign County, Illinois.
- Homebuyer education required: Yes
How to Apply for HACC County-Wide Homeownership Program
Contact the Housing Authority of Champaign County directly to begin the application. Complete HUD-approved homebuyer education and coordinate with an IHDA-participating lender if layering state assistance.
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