Community Services

Community Services

new The Homebuyer Assistance Program is currently NOT being funded.

Please work with your mortgage lender regarding other homebuyer opportunities that may be available.

Eligibility and How to Apply

The criteria to qualify for the programs are as follows:

  • You must meet the program’s income and purchase price requirements (see below)
  • You are approved for a mortgage loan through one of the participating lenders
  • You are buying a single-family home or condo within the City of Champaign
  • You are buying your first home or have not owned a new home within the past three years (this does not apply to buyers purchasing homes in a State of Illinois defined target area)

Additional Requirements for the Assist Program

  • The home must be the principal residence
  • The program must be used to purchase a home, not to refinance an existing mortgage

Income and Purchase Price Limits *

Non-Targeted Areas
Max. Household Income Limits Max. Purchase Price Limits
1-2 persons $66,300 Existing single-unit $237,030
3 or more $76,245 New single-unit $237,030
Targeted Areas
Max. Household Income Limits Max. Purchase Price Limits
1-2 persons $79,560 Existing single-unit $289,700
3 or more $92,820 New single-unit $289,700

* Effective May 1, 2008

Additional Information

Please work with your mortgage lender regarding other homebuyer opportunities that may be available.