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downpayment
Alex Moore
6 min read

Illinois Launches $46M Downpayment Plus Grant Program for 2025 – Your Chance to Apply Now

What Is the Downpayment Plus Grant Program? Homebuyers in Illinois have a major opportunity heading into 2025. The Federal Home Loan Bank of Chicago (FHLBank Chicago) has opened up its latest round of homeownership assistance through the Downpayment Plus (DPP) and Downpayment Plus Advantage (DPP Advantage) programs. A total of $46 million in forgivable grant […]
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housing grants
Alex Moore
6 min read

Workforce Housing Grants in Illinois: New Opportunities for Smart Mortgage Investments

Understanding Workforce Housing in Illinois Workforce housing refers to homes that are affordable for moderate-income workers—those who earn too much to qualify for low-income programs but still struggle to afford market-rate housing. This includes professionals like nurses, first responders, teachers, and service industry employees. These are the people who keep communities running, yet often can’t […]
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mortgage
Alex Moore
6 min read

Illinois First‑Time Homebuyer Savings Accounts & Tax Benefits

Understanding the Opportunity LBC Capital is committed to helping first-time homebuyers in Illinois take full advantage of state and federal programs designed to make homeownership more affordable. One of the most impactful options available today is the Illinois First-Time Home Buyer Savings Program. Starting January 1, 2023, Illinois residents can open a specially designated savings […]
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