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Illinois Department of Commerce and Economic Opportunity

Location:

Illinois DCEO
100 W. Randolph St.
Chicago, IL, 60601
United States
Phone: (312) 814-7179
Program: 
Illinois Energy Efficient Affordable Housing Construction Program
Eligibility: 

This program is open to Illinois based affordable housing developers building or rehabbing single-family, multi-family and Single Room Occupancy (SRO) buildings.

Developers must meet the following:

  • Projects must be targeted to households at or below 80% Average Median Income (AMI).
  • Applicants will be required to indicate the number of units that will be targeted to households at or below 80% AMI.
Use: 

Grant funds are to be used to offset the additional material and labor costs required to include energy efficient measures in residential construction. Eligible expenditures include items such as insulation, upgraded windows, lighting, ENERGY STAR® appliances, materials and labor to include air-sealing work, ventilation systems and upgrades to the heating, air conditioning and domestic hot water systems.

Amount: 

REHAB 

  • Grant amounts of up to $4,500 per living unit for multi-family buildings.
  • Grant amounts of up to $4.50/ft2 of gross living space in SROs for buildings that will result in less than 80 units.
  • Grant amounts of up to $4.25/ft2 of gross living space in SROs for buildings that will result in 80 units or more.

 

NEW CONSTRUCTION

  • Grant amounts of up to $4,000/living unit for new single-family homes.
  • Grant amounts of up to $6,500/building for new duplex construction.
  • Grant amounts of up to $7,500/building for new “3-flat” construction.
  • Grant amounts of up to $8,500/building for new “4-flat” construction.
  • Grant amounts of up to $11,000 for new “6-flat” construction.
  • Grant amounts of up to $4.25/ft2 of gross living space in new SROs and new multifamily buildings with less than 80 units.
  • Grant amounts of up to $4.00/ft2 of gross living space in new SROs and new multifamily buildings with 80 units or more.
Timeframe: 
Varies
Type: 
Grant
Additional Contact Information: 

Contact maureen.davlin@illinois.gov for more information.

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Copyright 2011 Chicago Community Loan Fund