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HOME BUYER ASSISTANCE PROGRAM - Chicago.gov
For example, for loan amount of $250,000, a borrower could receive a grant of no more than $17,500 to cover down payment and closing costs. WHO QUALIFIES? DO I NEED TO BE A FIRST-TIME HOME BUYER? HOW MUCH GRANT MONEY COULD I RECEIVE? Qualified borrowers will be required to contribute the lesser of $1,000 or 1% of home purchase price at the closing. ... Visit Document
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