ROCKFORD - Low-income homeowners who need to make emergency repairs could get help from the state.
The Illinois Housing Development Authority is providing $5 million to help more than 200 homeowners. Individual cases could receive up to $20,000.
"Reinvestment in these homes will help decrease the financial burden of home maintenance, improve energy efficiency, improve the overall housing stock, and create jobs in communities across the state" says IHDA Exec. Director Mary Kenney.
The program will allocate the money to public and not-for-profit organizations who will then distribute the grants. People can apply starting next spring. Home repairs that qualify for the program include, but are not limited to HVAC systems, electrical and plumbing systems.
IHDA says nine Rockford area homeowners may qualify for $217,350 in assistance. To qualify, homeowners must earn no more than 80% of the area median income, which is $44,050 for a three-person household in the Rockford area.
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