South Shore residents can apply for down payment, home-improvement assistance


As a result of the program’s expansion, some South Shore inhabitants will be qualified to utilize for down-payment guidance for the order of a property and for exterior-house improvements. The South Shore method only serves the neighborhood’s O’Keefe spot, from 67th to 71st streets in between Jeffery Boulevard and South Shore Push.

MMRP is funded by way of the Community Housing Companies of Chicago.

The Community Network Alliance, or NNA, a South Shore nonprofit dedicated to neighborhood outreach, is partnering with the city, South Shore Performs and the South Shore Chamber of Commerce on the newest addition to the program. The alliance will link likely applicants to the program and can guide them as a result of the method.

“We are incredibly thrilled to be in alignment and partnering with the town on this plan, which will present timely and substantially-necessary assist for owners in South Shore who want to remain in the neighborhood,” mentioned Val No cost, CEO of the NNA, in a statement. “Stabilizing the housing stock in South Shore continues to be an definitely pivotal situation in our community.”

The South Shore plan aims to award 40 people with dwelling-advancement grants and 13 new homebuyers in 2022 for a total of $1.2 million, No cost confirmed.

South Shore is a community with a substantial selection of condominiums. The NNA hopes that the initiative will aid improve the area’s condominium market and give some security to area householders having difficulties economically.

Suitable reduced- and average-profits people can utilize for up to $15,000 for the down-payment guidance application for the buy of a one-family residence or apartment. Eligibility necessities and the software can be identified on the Community Housing Expert services of Chicago’s internet site.

Additional facts about the property improvement grant is forthcoming.


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Angela M. Arriola

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