Partnership Special Incentive
The Partnership for New Communities will provide a $15,000 grant to buyers of available homes in one of the new mixed-income developments participating in this program. Any home built by December 31, 2008, purchased directly from the developer and priced under $450,000 in the developments below is eligible for the incentive:- Oakwood Shores
- Lake Park Crescent
- Parkside of Old Town
- Park Boulevard
- West End
There are no income restrictions, but to receive the grant, buyers must sign a contract, must own and occupy the property as a primary residence for a period of no less than three years in order for the grant to be forgiven. The homebuyer will be responsible for signing an annual affidavit to confirm occupancy status.
If you’re a first time homebuyer, you will need to learn more about this program via a benefits advisement session given by the Rogers Park Community Development Corporation. For more information and to schedule your session, contact 773.262.2290
For more information on how to receive the grant, contact a sales representative at eligible properties:
- Parkside of Old Town: 312.545.4753
- Park Boulevard: 312.328.1100
- Oakwood Shores: 773.538.0001
- Lake Park Crescent: 773.268.0400
- West End: 312.421.6060
