City of Elgin / HUD HOME Funds
HOME Investment Partnerships Program is available to homeowners in Elgin, IL.
Federally funded HOME program administered by the City of Elgin provides forgivable loans for substantial rehabilitation of owner-occupied homes. Loan is forgiven after 10 years of continued occupancy and compliance.
Forgivable loan, no repayment if you remain in home 10 years
Official program page checked live on 2026-06-22.
Data last verified 2026-05-25. How we verify our data.
This is a national program. In Elgin, IL, you can stack it with local programs like these:
A grant-savvy contractor in Elgin, IL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
You will likely need a contractor to apply
Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Elgin early keeps your application moving.
Get matched with a contractorThis program is usually a forgivable loan: you owe nothing if you stay in the home for the set period, but it may place a lien on the property until then.
Each program sets its own contractor rules. Check the official program page for exact requirements.
HOME is the largest federal block grant for affordable housing. HUD sends the money to states and local governments (participating jurisdictions), which use part of it to help low-income owner-occupants repair, rehabilitate, or reconstruct their homes. There is no single national form; you apply through your state or local participating jurisdiction, which sets the rules and whether help comes as a grant or a loan.
Steps to apply
Documents you will likely need
Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Applications reviewed on rolling basis
Ask us. It is free, and a real person answers within a business day.
Email us about this programUp to $35,000 forgivable loan.
HOME Investment Partnerships Program is open to homeowners in Elgin, IL. It prioritizes low-income households.
Apply directly with City of Elgin / HUD HOME Funds using the official program link on this page or call (847) 931-5650. There is no middleman and no fee.
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
Rebates and discounts that stack on top of any grant. Most are free to use.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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