Housing Rehabilitation Program

How it works

The Housing Rehabilitation Program helps homeowners maintain their homes by providing funds to correct code violations and eliminate substandard living conditions. The main assistance is a zero-interest, deferred-payment loan of up to $20,000.

No interest accrues on the loan, and no payments are due until one of three events happens: the home is sold, the title is transferred, or the home no longer serves as the homeowner’s principal residence. When any of these events occur, the loan is repaid.

The program also provides up to $10,000 in assistance as a grant to address lead-based paint hazards. In addition, homeowners whose property is located within the city limits of St. Charles may be eligible for up to another $10,000 in deferred loan funds under the same terms and conditions.

What the money covers

The page states that the program funds work needed to correct code violations and eliminate substandard living conditions. It specifically mentions lead-based paint hazard remediation for the grant portion.

The page does not provide a detailed repair list or describe the exact scope of eligible home improvements beyond these broad categories.

Amounts and matching

• Up to $20,000 in assistance as a zero-interest, deferred-payment loan.
• Up to $10,000 in assistance as a grant for lead-based paint hazards.
• Up to an additional $10,000 in deferred loan funds for homes in the city limits of St. Charles.

How to apply

The page directs homeowners to contact Community Contacts at 847-697-8800 or visit www.cci-hci.org for more information.

Timing and deadlines

The page does not list an application deadline, closing date, or funding exhaustion notice.

Loan payoff terms

The deferred loan is repaid when the home is sold, the title is transferred, or the home ceases to be the homeowner’s principal residence.