CHA Purchase Assistance Program

Thank you for your interest in the CHA Down Payment Assistance Grant Program. Due to overwhelming demand, we are no longer accepting NEW applications for 2023. If you have already applied, you will be contacted.

Program Overview

The Chicago Housing Authority (CHA) is providing up to $20,000 in down payment assistance for the purchase of a home in the Chicago city limits. You can either be currently participating in a CHA program or simply be an IL resident (living in or moving to Chicago) that meets the income limits. CHA down payment assistance funds may be used for a down payment, to lower your interest rate or to cover closing costs. CHA funds may be layered with other sources of down payment assistance. (Cash back at close is not allowed.) This is a federally funded program only open to U.S. citizens.

To apply, you must have a valid preapproval from our list of approved lenders and a purchase contract.

Approved Lenders

  • Associated Bank
  • Bank of America
  • BMO
  • Chase Bank
  • CIBC
  • Citibank
  • Guaranteed Rate
  • Guaranteed Rate Affinity
  • Huntington Bank
  • Loan Depot
  • Liberty Bank
  • Marquette Bank
  • NACA
  • Neighborhood Lending Services, Inc.(an affiliate of NHS)
  • Old National Bank
  • PNC Bank
  • Self-Help Federal Credit Union
  • U.S. Bank
  • Wells Fargo Bank
  • Wintrust Mortgage

General Eligibility Requirements

Chicago Housing Authority Down Payment Assistance Grant

  • Must be a U.S. citizen
  • Property must be a 1-4-unit residential building or condominium that will be your primary residence
  • For CHA program participants: Must be a current participant in a CHA housing program. If a public housing resident or a housing choice voucher holder, there is no maximum household income limit.
  • For non-CHA participants: Your combined household income must be 80% of Area Median Income (AMI) or below to qualify. Please refer to the income eligibility chart below to see if you are eligible.
  • Must have a purchase contract signed by both parties and a preapproval from a lender
  • Must complete an 8-hour HUD-approved homeownership certificate course
  • If purchasing a 2–4-unit property, attend a Landlord Training that includes information on the Cook County Landlords Ordinance
  • Homebuyer is to remain as the owner-occupant in the home for a minimum of 10 years or CHA may request that the grant amount be repaid based on the recapture terms.
  • Homebuyer must sign an owner-occupancy agreement
  • Applicant must be a first-time homebuyer and have not purchased a home within the last three years.

Income Eligibility

 

CHA Purchase Assistance Grants are available to CHA participants at any income level.  If the applicant is not currently participating in a CHA program, they may still apply for purchase assistance. Non-CHA households earning up to 80% of the Area Median Income (AMI) for the Chicago Metropolitan Area as determined by the U.S. Department of Housing and Urban Development are eligible to apply for purchase assistance.

City of Chicago Area Median Income Chart:
Maximum eligible gross incomes are shown for household sizes in chart below.

Number Of People
In Your Household
Maximum Allowable Income
(80% AMI)
1 Person $61,800
2 Person $70,600
3 Person $79,450
4 Person $88,250
5 Person $95,350
6 Person $102,400
7 Person $109,450
8 Person $116,500

(Area Median Income (AMI) for the Chicago-Naperville-Joliet, IL HUD Metro FMR Area effective May 15, 2023, per the U.S. Department of Housing and Urban Development.)



Income Eligibility Result:

Based on Household Size and Income

Document Requirements

After you check your address and complete the on-line application, you will receive an email with a link to our NLS grant portal and instructions for uploading documents.

Required documents to qualify:

Identification: (Submit one ID document for all buyers)

    • Government-Issued Driver’s License or REAL ID or State ID Card
    • U.S. Passport

Proof of Buyer’s Contribution:

  • Most recent bank statement within the last 30 days
  • Copy of earnest money deposit check

Proof of Income: (Submit documents to show all sources of income for all buyers)

  • Two most recent years (2021-2022 (2020-2021 if 2022 are not prepared)) of Federal Income Tax Returns with all schedules attached for all buyers. (Illinois State Tax Returns are NOT needed)
  • Two most recent years (2021-2022 (2020-2021 if 2022 are not prepared)) W-2 or 1099 statements for all buyers (From all employers)
  • Three most recent (past 30-days) paystubs for all buyers (From all employers)
  • 2023 Social Security award letter showing the MONTHLY amount awarded for all buyers that receive Social Security income.
  • 2023 Pension Statement showing the MONTHLY amount awarded for all buyers that receive pension income.
  • Notarized letter of no income certifying that there was no income or unemployment income for any applicable for all buyers.  Letter must be signed by all buyers.
  • Notarized letter if you do not file Federal Income Tax Returns due to being on a fixed income (i.e., on Social Security and/or a pension) for all buyers. Letter must be signed by the buyer declaring they do not need to file tax returns.
  • Affidavit Concerning Household Size and Income * form will be available online to download*
  • Sign and date an Authority to Verify Application Information form.

Home Purchase Documentation:

  • Executed Purchase Sales Contract (signed by borrower & seller)
  • Lender Pre-Approval Letter

Training Certificates: (Completion of education required before closing for all buyers)

  • HUD-approved housing counseling agency Homebuyer Education Certificate
  • Landlord Training Certificate (if property being purchased has 2 or more units)

Training Certificates Needed

  • Homebuyer Education Certificate (8-hour course)
  • Landlord Training Certificate (if property being purchased has 2 or more units)

Have Questions?

CHA and/or Program Funders reserves the right to request additional information, documentation; to conduct additional review of the applicant and property; and to approve or deny any application. CHA reserves the right to update and change program requirements without notice. Please note all applicants are required to have a Social Security number.

  • Call our team at 773.329.4111.
  • Email us:  CHA_DPA@nhschicago.org
  • Set up a virtual appointment with our team. Again, please call or email us.
  • Visit our offices in Chicago, Monday – Thursday from 9am – 5pm at:
    South Side – 639 E. 87th Street, Chicago, IL 60619
    West Side – 3601 W. Chicago Avenue, Chicago, IL 60651
    North Side – 1279 N. Milwaukee Avenue, Suite 400, Chicago, IL 60622

Your generous support enables us to continue to make tremendous strides in advocating for working families while strengthening and stabilizing neighborhoods.