Homebuyer Programs

Thinking about buying a home? We have a program that can help! Rock Island Economic Growth Corporation (GROWTH) offers the Live-Work Rock Island homebuyer program.

Currently, the Employer Assisted Housing Program, otherwise known as Live-Work Rock Island is the only homebuyer program available for potential homebuyers. For more information please contact (309) 788-6311 or email [email protected]

 

Live and Work Rock Island (Employer Assisted Program)

§ Homebuyer is granted up to 3% of the home’s purchase price for down payment assistance and up to $1,500 for closing costs. (No rehabilitation work is performed)
§ Homebuyer must be an employee of an eligible company. (Click here to view eligible companies)
§ Homebuyer signs a 5-year forgivable recapture agreement.
§ Homebuyer must contribute a minimum $1000.00 to the transaction.
§ Homebuyer can earn up to 120% of the area median income.

 


Income limits and programs are subject to change without notice. For more information, please call 309-788-6311.

How to Apply

Homebuyers must first complete an application, meet eligibility, and complete the homebuyer education class. Contact 309-788-6311 or [email protected] for more information.

We are pledged to the letter and spirit of U.S. Policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.