KAKAKEE HOUSING INCENTIVE PROGRAM


THIS PROGRAM IS NOT CURRENTLY ACTIVE.

The Kankakee Housing Incentive Program encourages families to have a greater stake in the community and helps
underserved households to attain homeownership. Families interested in purchasing their first home may qualify for financial
assistance toward down payment, closing. Persons interested in the program must take a homebuyers counseling course and
must meet the income guidelines and regulations set by the program.

IMPORTANT!

    To access the Kankakee Housing Incentive Program (KHIP), you must begin the process PRIOR to obtaining a purchase contract. The KHIP language must be included in the purchase contract for funds to be dispersed.

 

Have a Property in Mind?

    If you are interested in a property, our office can determine if the property is eligible for the program. Have address ready and call Jan Gathing, Program Manager/Public Service Administrator at 815-936-3569

Am I Income Eligible?


Homebuyer Education Class

    1. Class application available at the ECDA Offices (200 E. Court Street, Suite 410)
    2. Return application with:
      1. 90 days of income
      2. $25 deposit - returned after completion of the class

STEPS:

    1. Homebuyer Education Class
      1. Process listed under "Homebuyer Education Class"
    2. Complete 1 on 1 Session with ECDA Certified Staff
    3. Complete KHIP application (given at 1 on 1 Session) with required documentation listed in the application

 

CONTACT US!