Cook County Home Repair Grants 2021

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  • Are you a renter or landlord in suburban Cook County?
  • Have you experienced financial hardship during the COVID-19 pandemic?
  • Do you have a current or future obligation to pay rent, utilities, and/or other housing-related expenses?
  • Is your household annual income at or below these requirements?
    Household Size

The Section 504 Home Repair Program: What Does It Do

The Section 504 Home Repair Program, also known as the Single-Family Housing Repair Loans & Grants, is a loan program managed by the U.S. Department of Agriculture . Its designed to help elderly homeowners and those who struggle with very low incomes. You can determine if a household is very low-income if its below 50% of the median income within the area. It also targets and helps accommodate the needs of those who struggle with disabilities.

The program comes with its limits and has specifications for who can apply. In particular, this initiative, as part of the USDAs Rural Development, only applies to those who live outside metropolitan areas. Thats because rural homeowners often face increased challenges when it comes to home repair and maintenance, particularly when it comes to financing these endeavors.

According to the U.S. Department of Housing and Urban Development, the rate of substandard homes in these rural areas is higher than the national rate. Chief among the individuals affected is seniors, who tend to have a lower income in nonmetropolitan areas than seniors do nationally. Additionally, accessibility for those with disabilities is even more necessary for those in rural locations. This need comes from sparse service infrastructure and amenities.

How Is My Residential Tax Bill Calculated

Your property tax bill represents your share of the budgets approved by local taxing bodies for their operations. Property taxes are one of the main sources of funding for local government services, such as park districts, fire districts, and public education. Your bill depends on more than your property assessment: it also depends on the funds these local government services need to operate.

Property tax bills are mailed twice a year. Your first-installment is due at the beginning of March. By law, the first-installment property tax bill is exactly 55% percent of the previous year’s total tax amount. The second-installment property tax bill is mailed and due in late summer it reflects new tax rates, levies, assessments, and any tax exemptions for which you have qualified and applied.

The following is an example of how an estimated tax bill is calculated.

Here’s an example of how a tax bill could be calculated, for a home with an estimated fair market value of $100,000 and a local tax rate of 8%. Please note the Equalized Assessed Value is the partial value of the property. It is the figure on which the tax bill is calculated. Also note that exemptions are deducted from the EAV, which will likely lower the tax bill. The exemption amount is not the dollar amount by which the tax bill could be lowered.

Estimated Tax Bill in dollars

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How To Apply For Section 504 Home Repair Loans And Grants

Any individual who is interested in applying for a Section 504 Home Repair Loan or Grant can contact their local Rural Development office. The USDA provides a service center locator here. However, its important to check with your lender to make sure they honor this program.

If you have questions or concerns regarding how the program works, speak to a local USDA home loan specialist in your area. Or, you can contact a Home Loan Expert at Rocket Mortgage® if you have more general loan questions.

What Other Forms Of Financial Assistance Are Available To Homeowners

Senior Citizen Home Repair Grants in 2021

If youre not eligible for a home repair grant but still cant afford to make the repair on your own, there are other options to make home repairs more affordable.

Low-cost loans: Some organizations, such as the USDA and HUD, also offer affordable loans to lower-income homeowners. Though you have to repay the loan, the interest rate tends to be extremely affordable.

Tax credits: Tax deductions can be used in home improvement costs as a credit against taxes when you sell your home or if you work from your home and made repairs to your home office. However, they are not normally deductible as personal expenses.

Cash-out refinance: A cash-out refinance lets you turn some of your home equity into cash that you can use for other purposes, including home improvements. In some cases, the interest on these loans is tax-deductible if used for home improvement. Another perk is that cash-out refinance rates are usually lower than rates for other types of loans. Just keep in mind that youll be increasing your mortgage balance and potentially the length of time until you pay off your home.

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Lead Hazard Reduction Grant Program

This grant helps eligible suburban Cook County homeowners and renters by funding the renovation work needed to eliminate or control lead paint hazards in their homes.

Depending on the applicants income, funds for this program are either provided by Cook County or the United States Department of Housing and Urban Development.

A family may qualify for the grant program if:

  • The home is located within suburban Cook County,
  • Their income is below the program limit, and
  • There are lead paint hazards in the home.
  • CCDPH will work with families to identify any healthy homes and lead paint hazards in their home and contract with a licensed contractor to fix the hazards at no cost to you. Lead hazard repairs typically include: painting, replacing windows, or other home repair work to remove or contain lead paint or address housing hazards.

    Household income can not exceed the amount in the chart below for your family size.

    Household Size

    Where Can You Apply For Home Improvement Grants

    Find money to improve your home by contacting your local Housing and Urban Development office or visiting its website. HUD can let you know what grants are available in your area.

    The National Residential Improvement Association can also help you find grants to help pay for your home repairs. You have to fill out a questionnaire to see what types of financial aid you qualify for.

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    Qualifications For Section 504 Home Repair

    Since the Section 504 Home Repair program is designed to help certain homeowners, not everyone will be approved for a loan or grant through it. Here are some of the qualifications an individual may need:

    • Live in a rural area
    • Be a U.S. citizen or a legal permanent U.S. resident
    • Be the homeowner and occupier of the house in question
    • At least 18 years old or above
    • Cannot obtain or afford credit from other lenders
    • Have a family income less than 50% of the areas median income
    • For grants, be at least 62 years old or above and unable to repay a loan

    The promised repair assistance is determined based on the households financial situation and related details, such as real estate taxes, homeowners insurance and other monthly debts.

    I Did Not Receive My Exemption On My Tax Bill What Do I Do

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    For Tax Year 2020 second installment bills due on October 1st, 2021, the Assessor’s Office has detected that some exemptions were not applied correctly to some taxpayer’s bills.

    The Assessor’s Office will issue a corrected tax bill . The corrected bill will arrive in the mail in within the next two weeks.

    After August 23rd, taxpayers will be able to check whether a certificate of error has been issued.

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    What Is The Section 504 Home Repair Program

    The Section 504 Home Repair program is administered by the U.S. Department of Agriculture . It provides loans to very-low-income homeowners to repair, improve, or modernize their homes and grants to elderly, very-low-income homeowners to remove hazards to their safety or health. You must be age 62 or older, have an income below 50% of the area median income, and be unable to obtain affordable credit to qualify for a grant.

    Chicago Home Buyer Assistance Program

    The city of Chicago offers grants of up to 7% of the loan amount to help offset down payment and closing costs. First-time home buyers who apply for assistance are required to take an eight-hour home buyer education course. Borrowers must contribute $1,000 or 1% of the purchase price, whichever is less. If the home is sold or the mortgage is refinanced within the first five years, the grant must be partially repaid. The property must be in Chicago.

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    Roof And Porch Services

    Note: Due to the large backlog of applications that accumulated during the COVID-19 pandemic, the lottery for the roof and porch grant program will not place this year. The next one-day registration period for Chicago homeowners to enter the lottery for a chance to receive the one-time service will take place on Thursday, May 18, 2023.

    Formerly known as the Roof and Porch Repair Program, the Home Repair Program provides grants to income-eligible homeowners for improvements to their roof or porch. The program is open to residents who own and occupy a 1-to-4-unit residential property. To qualify, households must meet HUD income guidelines. The amount of financial assistance is based on household need and available funding. A site inspection will determine the scope of work required and the repair cost.

    Downpayment Plus And Downpayment Plus Advantage

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    These programs, administered by the Federal Home Loan Bank of Chicago, offer up to $6,000 in down payment and closing-cost assistance. Grants are forgiven over a five-year period. Buyers must use a lender that’s a member of FHLB Chicago or, in the case of the Advantage program, from a nonprofit organization. Borrowers must complete a home buyer education course as well as counseling. Buyers using the program must contribute at least $1,000 to the home purchase.

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    How Do You Apply For A Home Improvement Grant

    To apply for a home improvement grant, contact the program in charge of the grant. You’ll typically need to complete an application. The application will tell the program whether you meet the qualifications for the grant. It will typically ask for information about your home, assets, and income. You may need to provide supporting documentation, as well.

    You Might Qualify For Georgia Foreclosure Relief

    Georgia could offer help with mortgage restructuring and counseling for those who are trying to avoid foreclosure. The program depends on what you need help with and what youre able to pay to keep your home out of foreclosure. You must apply through the state.

    You could get help through the Save the Dream program. This program allows you to save money on foreclosure prevention while also restructuring your finances. You must use the counseling to apply for the program, but it could help you figure out how to better manage finances in the future.

    If youre unemployed or had your income drastically reduced through no fault of your own, you could qualify for the HomeSafe program. This program allows you to bridge the gap between near-foreclosure and being able to handle your finances again.

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    How Can I Get A Grant For New Flooring

    A home improvement flooring project is a complex and expensive project. Whatever your home flooring style, youre sure to face a repair or replacement project if you live in your home for a long time or have moved into an older property. Luckily, low and moderate-income homeowners in Illinois can reach their local government or visit their government official site and apply for a home improvement grant. These grants offer partial or complete financial aid to eligible homeowners, and they can be used for health and safety issues, as well as emergency repairs. Start your research online for federal, state, county, or city programs that may help you partially or totally.

    Repairing or replacing your flooring and foundation can also be covered by funds from the Minor Home Repair Program in the city of Champaign. Eligible applicants for this program are homeowners with incomes up to 50% of the median family income . This city also offers a Full Home Improvement Program that provides forgivable deferred payment loans and installment loans to eligible Champaign homeowners to make repairs to deteriorated single-family dwelling units.

    For convenience, search and apply for Illinois home repair grants online. You can start by visiting your local U.S. Department of Housing and Urban Development or HUD office and get informed on the homeownership assistance and improvement programs on the following link:

    Cook County Illinois Assistance Programs And Agencies That Also Cover The State

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    Many agencies and assistance programs cover the entire state of Illinois, including Cook County and Chicago.

    In addition to those state programs above, there are national organizations too, including free charitable grants. Anyone from the city of City of Chicago can explore the website for more resources. Or find .

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    Does Weatherization Assistance Program

    Each year, the Department of Energy Weatherization Assistance Program helps low-income households reduce their annual energy costs by $283 or more on average.

    Though financial assistance varies by property, the average home receives weatherization measures worth $4,695.

    Note that the program takes a âwhole-houseâ approach to weatherization, often improving older homesâ overall safety. Along with energy-efficient improvements, participants might also receive help remediating mold, fixing roofing, oraddressing other health and safety concerns.

    What Are The Easiest Homeowner Grants To Get

    The easiest homeowner grants to get are those that have a solid foundation for requesting money, are well-thought-out, have a plan for the future, and are clear and concise in their goals and objectives. To obtain a grant, first, you look for an organization whose goals match what you need to have funded. Second, make sure you meet all the required criteria and you have all the necessary documents. All grants and loans vary by age, income, type, and location. These fundings are primarily available to low-income families, families with children, senior citizens, disabled people, and veterans.

    For convenience, search and apply for Illinois home repair grants online. You can start by visiting your local U.S. Department of Housing and Urban Development or HUD office and get informed on the homeownership assistance and improvement programs on the following link:

    If you need to connect with resources in your community, but dont know where to look, 211 Illinois is also a great place to start. Visit their site or call 2-1-1 and get the information you need .

    Keep in mind, there are no easy grants to get. There is a reason these funds are only available to people meeting all the required criteria. They are here to help people in need live in homes without code violations and health and safety hazards.

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    You Could Be Eligible For Property Tax Relief In Georgia

    Low-income individuals could get help with the homestead tax exemption in Georgia. You might be able to get up to $2,000 in tax exemptions as a homesteader. If youre struggling to pay your property taxes, this could help you make sure youre able to get the help you need.

    Those who are 65 and older can get $4,000 in tax exemptions as homesteaders. You must provide proof of age. Married couples are able to double up on the exemption, but will need to meet certain requirements to do so.

    If youre 62 or older and you live in certain school districts in Georgia, you might be able to get tax exemptions up to $10,000. These exemptions are based on the school district and the homestead you live in.

    Disabled veterans or their surviving spouses can get property tax relief up to $60,000. This is available for the surviving spouse for as long as theyre in the homestead and unremarried.

    If youre a surviving spouse of a peace officer or a firefighter killed in the line of duty, you could get up to 100% tax exemption on your homestead. You must meet certain requirements each tax year to qualify for it. Spouses must also remain unremarried to continue getting the tax exemption.

    Western And Northwestern Georgia

    Residential home improvement grants available for Cook, DuPage and Kane ...

    The Western Georgia community foundation could help those who are struggling to get home repair grants. The Georgia home repair grants can help you if you need to make safety repairs or other types of repairs to your home. The grant approval depends on your income and the need you have.

    Northwestern Georgias community foundations work to help those who are in need of assistance through the different programs. You can get help through the program and that might allow you to make the most out of the options you have for home repair.

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    Where Can I Get Free Government Money

    There are many ways to get grants or free government money from the government. The first place to start looking is, and click Government Benefits, Grants, and Loans to find the help your need. There you will find programs like LIHEAP, WIC, Head Start, Childcare Subsidies, and Free Money for School. These grants help give struggling families to maintain family stability until they can be self-sufficient. Check the eligibility requirements and if you qualify, apply for the help you need.

    Find out how to get a free government smartphone!

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