JCUA is excited to continue our partnership with Neighborhood Housing Services of Chicago (NHS) for the administration of the City of Chicago Home Repair Program (HRP) and Illinois Critical Home Repair Improvement Program (CHIP).
These programs fund home repairs, including roof and porch replacements and hazardous lead abatement, for low-income homeowners south of 55th Street. NHS has already partnered with 272 homeowners, the majority of whom are Black women over the age of 65, and will serve an additional 250 households in the next year. The home repairs decrease the cost of homeownership and increase housing stability for low- to moderate-income homeowners, while contributing to the decrease of abandoned or vacant properties in disinvested neighborhood.
A $200,000 zero-interest loan from our Community Ventures Program (CVP) will serve as gap financing to pay small neighborhood-based contractors who perform the work while NHS is awaiting City and State reimbursements. NHS was initially awarded a CVP loan for HRP back in 2021.