Single Family Rehabilitation Program assists income-eligible homeowners to repair, improve or modernize their homes.
The City of South Beloit has been awarded a grant of $335,065 from the Illinois Housing Development Authority (IHDA) to participate in the Single Family Rehabilitation Program, that will assist low-income homeowners as they make necessary repairs to their homes.
“The Single Family Rehabilitation Program will provide individual homeowners with up to $45,000 in forgivable assistance to make long overdue repairs,” said South Beloit Mayor Ted Rehl. “Improving the health and safety of South Beloit residents is a key priority and I thank IHDA for this award to help our citizens.”
Funded through the Illinois Affordable Housing Trust Fund, the Single Family Rehabilitation Program provides grants to units of local government and community-based organizations, which work to reserve and oversee forgivable loans for households within their community. Repairs including roofing, flooring, electrical, plumbing, siding, and other work to remove health and safety issues in the property are covered under the program. The program is available to homeowners with incomes at or below 80 percent of the area median income. This year a roof only option is available to eligible applicants.
“The Single Family Rehabilitation Program has helped hundreds of households who did not have the means to make essential repairs to their homes,” said IHDA Executive Director Audra Hamernik. “This program is a great resource that helps local governments and our non-profit partners to maintain affordability, prevent foreclosures, and improve the quality of single-family housing stock throughout the state.”
If you are a homeowner in the City of South Beloit interested in applying for rehabilitation funds, pre-applications are available through June 25, 2019 at City Hall Monday – Friday 8-5. For additional questions contact Tammy Scott at McMahon Associates (815) 636-9590 or email: firstname.lastname@example.org.