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Illinois Home Equity Assurance Program (ILHAF/Northwest Home Equity Assurance Program)

Northwest Side Housing Center

Funding Amount

Up to $30,000

Deadline

Deadline not published

Grant Type

Foundation

Overview

Illinois Home Equity Assurance Program

Loan program for homeowners on Chicago's Northwest Side. Program provides emergency financial assistance. Originally focused on renovation loans; amended law expanded eligibility to include homeowners with delinquent property tax payments.

Geographic Scope: Chicago's Northwest Side, Illinois

Focus Areas:

  • Homeowner assistance
  • Renovation loans
  • Property tax delinquency relief

Target Population

  • Homeowners at risk of eviction and foreclosure
  • Older adults
  • Disabled individuals
  • People of color
  • Those unable to pay property taxes

Background: For years, Northwest Side Housing Center lobbied state lawmakers to change the assurance program into a resource that didn't waste taxpayer dollars. Summer 2024 (article date): State lawmakers passed bill amending Home Equity Assurance Act to allow loans for homeowners with delinquent property tax payments.

What Northwest Side Housing Center actually gave

Source: IRS Form 990, 2025

Grants in 2025
3
Total given
$143K
Median grant
$11K
Range
$5,460–$127K
  • By dollars: Illinois 100%. Top recipient cities: Chicago, IL.

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IRS Form 990, 2025. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Housing
  • Affordable housing
  • Hardship

Categories

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