Illinois Housing Development Authority Single Family Rehab

Illinois Housing Development Authority (IHDA)

Available Home Repair

About This Program

Illinois Housing Development Authority Single Family Rehab is available to homeowners in Oak Park, IL.

IHDA's rehab loan program offers low-interest financing for home improvements to Illinois homeowners. Can be combined with first mortgage or used standalone. Interest rates typically 1-3% with income-based subsidies available.

Low-interest loan at reduced rates, typical amount financed is $35,000

Official program page checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In Oak Park, IL, you can combine this program with other local help to cut your cost:

Key Details

  • Low-interest loans up to $50,000
  • Interest rates typically 1-3% based on income
  • Available through participating lenders
  • Can combine with mortgage refinance
  • Income limits vary by household size

How to Apply

Get free help applying Visit Official Program Page Track this program

(312) 836-5200

A grant-savvy contractor in Oak Park, 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 Oak Park early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • A recent utility bill for the home (energy and weatherization programs use it to confirm service and usage).
  • Photos of the problem area or the work to be done.
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

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 accepted through participating lenders

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can Illinois Housing Development Authority Single Family Rehab provide in Oak Park, IL?

Up to $50,000 loan.

Who qualifies for Illinois Housing Development Authority Single Family Rehab in Oak Park?

Illinois Housing Development Authority Single Family Rehab is open to homeowners in Oak Park, IL.

How do I apply for Illinois Housing Development Authority Single Family Rehab in Oak Park, IL?

Apply directly with Illinois Housing Development Authority (IHDA) using the official program link on this page or call (312) 836-5200. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Get matched with a pro, free Browse Oak Park, IL contractors

Find More Programs in Oak Park, IL

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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