WJBD Radio

Images

Now Playing

Local News

WJBD - Local News - $5-Million Going to Military Family Homeownership Effort

$5-Million Going to Military Family Homeownership Effort

CHICAGO (AP) - A program supporting homeownership for military families is getting $5 million from the state of Illinois.

Gov. Pat Quinn announced the funding on Sunday for the state's Welcome Home Heroes program. Quinn also announced that the program has helped 1,000 military families get financing to buy homes since it launched in December 2011.

The Illinois Housing Development Authority administers the program. Eligible veterans get affordable loans, a $10,000 grant toward a home purchase and a mortgage tax credit worth up to $20,000.

See other LocalNews news:

Fire Blamed on Paint Fumes Damages Kinmundy Home
Police Beat for Friday, May 22nd, 2015
Illinois Man Arrested Again for Stealing Socks
State Report says Illinois College Chiefs Enjoy Lavish Perks
Democrats Unmoved by Rauner 'Compromise' Proposals




Loyal Listener Club

Club Login

Follow Us At

This Site logo