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Purchase Assistance
Grants

NHS Chicago's Grant Programs
TIF Purchase Rehab

The Tax Increment Finance Purchase Rehab (TIFPR) program is a City of Chicago initiative which uses Tax Increment Finance (TIF) funding as a forgivable loan to purchase and rehab vacant 1-4 unit residential properties within active TIF districts that have allocated money to be used for this purpose. The TIFPR is intended for long-term homeowner occupants. It is NOT to be used to fund investment, commercial or mixed use properties.
The active TIF districts currently eligible for purchase rehab assistance are:

  • 119th/Halsted TIF
  • 79th/Vincennes TIF
  • 63rd/Ashland TIF
  • Englewood TIF
  • Midwest TIF
  • Chicago/Central Park TIF
Interested?

 


MMRP Purchase Assistance Grant

The MMRP Purchase Assistance Grant provides eligible homebuyers with $15,000 to use toward down payment on qualified homes in the City of Chicago’s 10 Micro Market Recovery Program (MMRP) Areas.
Interested?