Illinois Housing Development Authority issued the following announcement on April 16.
The Illinois Housing Development Authority (IHDA) Board of Directors awarded $11 million to 25 local governments and non-profit organizations to assist low- and very low-income homeowners with necessary home repairs. Awarded via a competitive application process under the state's Single Family Rehabilitation (SFR) Program, the funding will allow grantees to establish local repair programs to help homeowners within their communities as they make housing and safety repairs. This round of funding is projected to assist at least 326 households.
"For various reasons, successful homeowners can suddenly find themselves on fixed incomes and unable to handle critical home repairs," said IHDA Executive Director Kristin Faust. "Everyone deserves to have peace of mind in a safe and comfortable home, and the SFR program allows local governments and their non-profit partners the opportunity to help homeowners in their community make the necessary repairs that allow them to stay in their homes."
The SFR program provides forgivable loans of up to $45,000 per household to assist homeowners in making necessary repairs to remove documented health and safety hazards that undermine the integrity of their home. Eligible repairs can address roofing, flooring, electrical, plumbing, siding and other code or safety issues with the property. In addition, a second option is available that allows homeowners to address only the roof of their home if no other health or safety issues are present. The Roof Only Option (SFR-R) offers up to $16,500 to mitigate against further roof damage and deterioration so that the property is insurable. Funding for the program comes from the Illinois Affordable Housing Trust Fund.
New to this round, grantees may also apply for additional funding in the form of a Disaster Contingency Award (DCA). The purpose of the DCA is to provide grantees with additional rehab assistance in the event of a state or federal disaster proclamation. Additional DCA funding will remain available to SFR grantees who may apply for funds in the event of a future state or federally declared disaster.
The IHDA Board approved the following grantees to receive Single Family Rehabilitation Program funds. Households can apply for SFR grants by contacting one of the funded grantees that serves their community. Grantees will provide more information on the application process and household eligibility.
Single Family Rehabilitation Round 3 Grantees
Applicant | Target Area | Award |
BCMW Community Services | Bond, Clinton, Marion and Washington Counties | $584,000 |
City of Bloomington | McLean County | $444,000 |
City of Decatur | City of Decatur | $470,000 |
City of Galesburg | City of Galesburg | $470,000 |
City of Herrin | City of Herrin | $400,500 |
City of Marion | City of Marion | $330,000 |
City of Moline | Cities of Moline, East Moline and Silvis | $416,500 |
City of Mount Olive | City of Mount Olive | $472,500 |
City of Rockford | City of Rockford | $520,000 |
Coles County Regional Planning | City of Charleston | $472,500 |
Community Contacts Inc. | Kane County (excluding cities of Aurora, Hampshire, Huntley and Montgomery) | $470,000 |
Community Partners for Affordable Housing | Lake County and the City of Evanston | $482,000 |
Community Service Council of Northern Will County | Will County | $225,000 |
N.I.C.A.A.* | Stephenson and Jo Daviess Counties | $648,500 |
North West Housing Partnership | Suburban Cook County | $460,000 |
NW HomeStart, Inc. | Boone and Winnebago Counties (excluding City of Rockford) | $548,500 |
Project NOW, Inc. Community Action Agency | Rock Island, Henry and Mercer Counties | $283,500 |
Rock Island Economic Growth Corporation | Rock Island, Whiteside, Carroll, Jo Daviess and Ogle Counties | $650,000 |
South Suburban Land Bank Development Authority* | Sauk Village | $300,000 |
The Neighbor Project | City and Township of Aurora in Kane County and Village of Montgomery | $360,000 |
Village of Olmsted | Village of Olmsted | $323,500 |
Village of Phoenix | Village of Phoenix | $360,000 |
Village of Valier | Village of Valier | $240,000 |
Western Egyptian EOC, Inc. | Jackson, Monroe, Perry and Randolph Counties | $465,000 |
Will County Center of Community Concerns | Will County | $604,000 |
Total | $11,000,000 |
About the Illinois Housing Development Authority
IHDA (www.ihda.org) is a self-supporting state agency that finances the creation and the preservation of affordable housing across Illinois. Since its creation in 1967, IHDA has allocated $18 billion and financed approximately 255,000 affordable housing units for residents of Illinois.
Original source can be found here.