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Get Matched Free →City of Urbana Down Payment Assistance Program
Funding status: Active
How much assistance
Not publicly specified (Forgivable Loan)
Eligibility
- Income limits: For income-qualified households (specific thresholds not published online)
- Geographic restrictions: Must purchase a primary residence within Urbana, IL city limits
How to Apply for City of Urbana Down Payment Assistance Program
Step 1: Contact the City of Urbana Grants Management Division at 217-384-8277 or grants@urbanail.gov to request an application and current program parameters. Program is funded through the city's annual CDBG and HOME allocations.
Notes
Exact dollar amount, assistance structure (grant vs. forgivable vs. deferred loan), income limits, credit minimums, first-time buyer requirement, and education requirement are not published online. Assistance type recorded as Forgivable Loan as the typical CDBG/HOME structure but must be verified with the city. Approximately $389k CDBG + $612k HOME allocation annually funds the program.