Residential Rehabilitation Loan Program

Oak Parkers with qualifying incomes who own and live in single-family houses (1-4 units), condos or townhomes, are eligible for federally funded rehabilitation home loans. Designed to improve the Village's housing stock, the loans are intended to bring structures into compliance with housing and building codes and to eliminate health and safety hazards. Funds also may be used for weatherization and to provide accessibility for the disabled. Eligibility for the loans is determined by income limits set for the Chicago area by the Department of Housing and Urban Development. The loan program includes a lead paint hazardous reduction grant.

This program is funded through Community Development Block Grant (CDBG) dollars. * Loan and be stacked or paired with Climate Ready Energy Efficiency Grants (Sustainability).

If you have questions at any point in this process, please do not hesitate to reach out to: housing@oak-park.us or 708-358-5410. Please see list of documentation that will be required in order to complete your application. You will be able to save your progress and resume work on you application at any point in time prior to submission.