Sep. 12, 2007 - Illinois To The Rescue

The good news is that The State of Illinois Department of Human Services will be handing out $1,700,000 in $2,000 increments to help some lucky first time home buyers buy houses.  The bad news is that only 850 people will be able to get that money.  It's not a windfall either.  Moderate income folks are going to have to save some of their own money once they are accepted into the program.  You will have to go through some credit counseling as well.  As far as I can tell the whole thing is going to take about eighteen months.

The program is called Assets Illinois.  If you, or anyone you know, have been dreaming of home ownership and could use a little boost from the government, just follow that link.  Once there you can get all of the details of the plan and you will be able to download the required application to get started.  Since only 850 folks are going to be empowered with a $2,000 grant and since it is going to take eighteen months to get the money, I wouldn't be dragging my feet.

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