Housing program to give eligible Chicagoans up to $70,000 toward down payment

Chicago's new HomeGrown Purchase Assistance Grant offers eligible low- and moderate-income residents up to $70,000 for down payments and closing costs on homes in designated zones. Funded by a $21 million allocation from Mayor Brandon Johnson’s 2024 housing bond, the program begins June 8 and targets areas with high and low home price growth, respectively labeled Zone A and Zone B.