Welcome to CCI-HCI.org



Website Navigation:

About
Program
    LIHEAP
    IHWAP
    HOME
    HCI
Contact
Contact
Contact
Main


 


HCI PROPERTIES NFP

HCI Properties, NFP owns several homes in Central Kane County which it rents to income eligible families.

Call 847-697-8800.


 


Home Purchase/Rehab/Resale Program

To learn more about available properties for sale, call HCI at 847/697-8800


Program Incentives:

  • Homes rehabilitated
  • Up to $50,000 zero interest deferred second morgages provided

Home example:

  • Sales price $168,000
  • 0% interest second $50,000 deferred mortgage
  • Prospective buyer 1st mortgage financing $118,000

 

TO BE A CANDIDATE FOR A PURCHASE OF A HOME THROUGH HOUSING CONTINUUM, INC. -

  • Not to be a current homeowner in part or whole

  • Be income eligible (not to exceed 80% of median income; see guidelines below)

  • Secure their own financing for the home minus the zero interest deferred second mortgage

  • Have a minimum of 1% of the purchase price available for down payment, plus additional funds for closing costs and fees