Mayor Brandon Johnson and the Chicago Housing Department announced Monday a new program that provides eligible Chicago residents with up to $70,000 in financial assistance to buy a new home. The HomeGrown Purchase Assistance grant is targeted at low- and moderate-income families, for whom homeownership is becoming increasingly inaccessible. The average sale price in April for a home in Chicago is $388,918, representing an increase of more than 5…
Mayor Brandon Johnson and the Chicago Department of Housing announced Monday a new program providing eligible Chicago residents with up to $70,000 in financial assistance to purchase a new home. The HomeGrown Purchase Assistance grant is aimed at low- and moderate-income families for whom homeownership is becoming increasingly unaffordable. The average sale price of a home in Chicago in April was $388,918, up more than 5% from the previous year,…