Mid Central Community Action, Inc

 

Program name: Central Illinois Coalition for Affordable Housing

Down payment grants financed through the Illinois Housing Development Authority Trust Fund

"Your Link to Home Ownership"


The Illinois Housing Development Authority has awarded Mid Central Community Action, Inc. (MCCA) with funds to provide down payment and closing cost assistance to residents in McLean and Livingston Counties. The assistance is in the form of a five year forgivable loan. Applicants must meet HUD income eligibility requirements and qualify for a loan from a participating lender. Participating lenders and realtors are members of the Central Illinois Coalition for Affordable Housing.

Down Payment Assistance Brochure(PDF)

Home Buyer Education Brochure(PDF)

Who is eligible?
Any individual who is qualified based on the general program guidelines and is a first time home buyer within McLean, Livingston, DeWitt or Woodford Counties.

General Requirements
  • Meet the income guidelines
  • Be a first time home buyer
  • Contribute $1000.00 to the purchase of the home
  • The property must be within McLean, Livingston, DeWitt or Woodford Counties
  • The property must be a single family dwelling
Email: Down Payment Assistance Coordinator

Income Guidelines for 2009
(subject to change)

Maximum Annual Gross Income
Household Size
McLean
Livingston
Dewitt
Woodford
1
$42,300
$34,600
$36,250
$36,850
2
$48,300
$39,550
$41,400
$42,100
3
$54,350
$44,500
$46,600
$47,400
4
$60,400
$49,450
$51,750
$52,650
5
$65,250
53,400
$55,900
$56,850
6
$70,050
$57,350
$60,050
$61,050
7
$74,900
$61,300
$64,200
$65,300
8
$79,750
$65,250
$68,300
$69,500




How do you apply?

The first step is to contact a participating lender and set up an appointment to be pre-qualified or pre-approved for a loan. At that time, you need to let them know you are interested in information about the Affordable Housing Coalition.

The lender will give you information about the program and determine if you meet the income requirements. They will then prepare the required documents for the Coalition.

When you are ready to purchase a home, we suggest making an offer contingent upon the approval of down payment assistance from the Central Illinois Coalition for Affordable Housing.


Participating Lenders

Bank of Illinois
102 W College Ave
Normal, IL
(309) 451-2121

First Farmers State Bank
4001 GE Rd
Bloomington, IL 61701
(309) 663-6200

Mortgage Services III
501 N Hershey Rd
Bloomington, IL 61704
(309) 664-9100

Bank of Pontiac
300 W Main St
Pontiac, IL 61764
(815) 844-6155

Flanagan State Bank
2401 E. Washington St.
Bloomington, Il 61704
{309) 661-6333

Regions Bank
1304 E Empire St
Bloomington, IL 61701
(309) 663-1311

Busey Bank
909 W Kirby Ave
Champaign, IL 61821
(217) 326-5241

FreeStar Bank
1 Brickyard Dr
Bloomington, IL 61704
(309) 661-9993

Soy Capital Bank
2306 E Washington St
Bloomington, IL 61701
(309) 665-0970

CEFCU
PO Box 1715
Peoria, Il 61656-1715
(800) 633-7077

GSF Mortgage Corporation
411 Hamilton St, Ste 118
Peoria, IL 61602
(309)268-0551

State Bank of Graymont
1100 W Howard St
Pontiac, IL 61764
(815) 844-4433

Chase Bank
2404 E Oakland Ave
Bloomington, IL 61704
(309) 433-9554

Heartland Bank & Trust
401 N Hershey Rd
Bloomington, IL 61704
(309) 662-4444

State Farm Bank
One State Farm Plaza
Bloomington, IL 61710
(309) 735-2162

First State Bank
204 N Prospect
Bloomington, IL 61704
(309) 662-0411

MCCA
1301 W. Washington St
Bloomington, IL 61701
(309) 834 9242

US Bank
1702 Eastland Dr.
Bloomington, Il 61704

Participating Realtors

BN-Realty.com
2409 E Washington St, Ste B
Bloomington, IL 61704
(309) 664-4455

DA Moore Realty
1617 E Oakland Ave
Bloomington, IL 61701
(309) 261-1685

Panno Realty
307 E Water St
Pontiac, IL 61764
(815) 844-6771

Bullard Realty
112 W Tremont
Odell, IL 60461
(815) 998-1000

Denbesten Realty
PO Box 72
Bloomington, IL 61702
(309) 662-4228

Prudential Snyder
1 Brickyard Dr
Bloomington, IL 61701
(309) 663-7653

Century 21 Realty
1236 E Empire St
Bloomington, IL 61701
(309) 828-3311

Fehr Real Estate
210 W Oak St
Fairbury, IL 61739
(815) 692-2334

Openthehome.com
407 Florence St.
Bloomington, IL 61701
(309) 275-3182

Coldwell Banker HOA Realtors
405 N Hershey Rd
Bloomington, IL 61704
(309) 662-9333

Keller Williams
2206 Eastland Dr, Ste 101
Bloomington, IL 61701
(309) 585-0500

Re/Max Choice
2203 Eastland Dr, Ste 1
Bloomington, IL 61704
(309) 664-8571

Crowne Realty
112 Boeykens Place, Suite 3A
Normal, IL 61701
(309) 287-6160

Louis Lyons Realty
318 W Madison St
Pontiac, IL 61764
(815) 824-1400

 

Mid Central Community Action, Inc.