The Illinois Housing Development Authority (IHDA) has awarded Homebuyer Assistance funds to the City of Carbondale. The Homebuyer Assistance Program will use these funds to assist lower-income persons with the purchase and rehabilitation of a home located within the Carbondale city limits.
The Homebuyer Assistance Program can provide up to $10,000 in down payment and closing cost assistance to the home buyer and further funds for rehabilitation of the property to bring the dwelling up to the City’s housing codes. The home purchaser must provide at least $1,000 towards the purchase price and qualify for and obtain financing from a participating lender.
To be eligible for the Homebuyer Assistance Program, applicants must be first-time home buyers or not have owned a home within the last three years. The household income must be less than or equal to 80% of the area median income. Income limits annually set by the U. S. Department of Housing and Urban Development, are based on the number of persons in the household.
Persons participating in the program will be required to attend a Homebuyer counseling program. Please contact the Development Services Department and Housing Programs for more information.
Based on the assistance provided, the potential home owner will receive a zero interest forgivable loan for the down payment assistance and the rehabilitation funds that is secured by a recapture agreement. If you receive $14,999 of assistance or less, your recapture agreement will be for five years. If you receive $15,000 or higher, your recapture agreement will be for ten years. If the home is sold or the home is no longer owner occupied before the end of the term, the amount of the loan shall be paid back in full.
Target Area: Within the city limits of Carbondale
Assistance Available: Forgivable 0% interest rate loan to assist in the purchase and rehabilitation of a home
Maximum Income for Eligibility Family Size/ Maximum Income:
1 Person $31,500 2 People $36,000
3 People $40,500 4 People $44,950
5 People $48,550 6 People $52,150
7 People $55,700 8 People $59,350
Maximum Home Value After Rehab $195,000
Eligibility Requirements: Must not have owned a home in the last three years, must purchase a home in Carbondale.
Grant Requirements: Minimum of $1,000 towards down payment of home, must bring proof of one year’s worth of pre-paid homeowner’s insurance to the closing, occupy the home for the 5 or 10 year loan term.
Maximum Assistance $40,000
If you are interested in further information, please contact:
Travis Taylor, Housing Programs Administrator
Phone: 618-549-5302 ext. 233
The City of Carbondale's Building & Neighborhood Services Division conducts inspections on all commercial and residential construction and renovation to ensure that life, health, and safety measures have been met. Building codes adopted by the City are as follows:
All building, plumbing, and electrical work performed within the City limits requires a permit be obtained. Periodically during the construction process, inspections will be performed by the Building Inspector to ensure compliance with the building codes.
The City of Carbondale also adopted the Mandatory Rental Housing Inspection Program which required rental property owners to register and provide access to rental dwelling units for inspection by City staff once every three years. The inspections are performed to ensure compliance with the building codes. If these structures are not "up to Code", a "Notice of Violation" is issued to the property owner requesting compliance within a specified period of time. If corrections have not been made within the designated period of time or an extension has not been granted, a citation may be issued for noncompliance with City Code.