Press Release - Friday, May 17, 2019
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Illinois Housing Development Authority Announces $8.1 million in Community Stabilization Grants
CHICAGO - The Illinois Housing Development Authority (IHDA) Board of Directors today awarded funds to a 62 municipalities, counties and land banks across Illinois to help spur community redevelopment through the elimination of blighted and abandoned properties. Awarded under the APP program, eligible uses for the funds include maintaining weeds and grass, trimming trees and bushes, installing fences to protect the public and repairing or demolishing abandoned property.
Foreclosed, blighted and abandoned properties have sociological and economic effects leading to depressed home values and crime. Per the latest American Community Survey, Illinois is home to over 515,000 vacant housing units. The cost to eliminate these properties is burdensome to the local government, many of which lack the means to do anything about them.
"A study conducted in Cleveland found that for every $1 spent on demolition, there was a return of over $13 in value for nearby properties," said IHDA Executive Director Audra Hamernik. "It is imperative we give communities the tools they need to eliminate blight which can provide significant economic, social and safety benefits to the surrounding neighborhood."
Established by the Illinois General Assembly through the Save Our Neighborhoods Act (P.A. 96-1419), the APP program, provides financial assistance to address the lasting impact of the foreclosure crisis by assisting communities with neighborhood improvement, greening and redevelopment. The APP program is funded through a filing fee paid by banks and other lending institutions on a sliding scale based on how many foreclosures they file each year.
Through the APP program, the IHDA has provided over $25 million to local units of government for the maintenance and/or demolition of over 4,000 properties within their jurisdictions.
The IHDA Board approved the following grantees to receive APP funds:
APP Round Four Awardees
CITY OF CHICAGO SET‐ASIDE | Award Amount |
City of Chicago | $ 2,184,000 |
COOK COUNTY SET‐ASIDE | Award Amount |
City of Chicago Heights | $250,000 |
City of Evanston | $75,000 |
Village of Hazel Crest | $75,000 |
Village of Lansing | $250,000 |
Village of Riverdale | $250,000 |
Village of Summit | $250,000 |
Cook County DPD | $250,000 |
Cook County Land Bank Authority (CCLBA) | $250,000 |
Village of Justice | $170,800 |
City of Berwyn | $250,000 |
City of Calumet City | $75,000 |
Village of Richton Park | $100,000 |
Village of South Chicago Heights | $20,000 |
Village of Maywood | $117,500 |
Town of Cicero | $117,500 |
Village of Dolton | $60,000 |
Village of Robbins | $60,000 |
COLLAR COUNTIES SET‐ASIDE | Award Amount |
Village of Park Forest | $250,000 |
City of Aurora | $250,000 |
Village of Downers Grove | $46,370 |
City of Waukegan | $250,000 |
City of Joliet | $250,000 |
Kane County | $250,000 |
Village of Sauk Village | $75,000 |
City of North Chicago | $250,000 |
Lake County Land Bank Authority | $250,000 |
Village of Hanover Park | $125,000 |
Village of Beach Park | $75,000 |
REST OF STATE SET‐ASIDE | Award Amount |
City of Rockford | $73,000 |
Winnebago County | $73,000 |
City of Bloomington | $73,000 |
City of Loves Park | $73,000 |
City of Sesser | $30,000 |
City of Charleston | $55,000 |
City of Freeport | $37,000 |
Village of Heyworth | $47,300 |
City of DeKalb | $55,000 |
City of Kewanee | $37,000 |
City of Geneseo | $37,000 |
City of East Peoria | $55,000 |
Village of Woodhull | $37,000 |
City of Decatur | $55,000 |
City of Peoria | $55,000 |
City of Galesburg | $37,000 |
Village of Annawan | $25,500 |
City of Anna | $32,000 |
City of Macomb | $40,000 |
City of Princeton | $40,000 |
City of Vienna | $20,000 |
City of Rock Island | $40,000 |
City of Silvis | $20,000 |
City of Litchfield | $20,000 |
City of Moline | $33,400 |
City of Centralia | $33,400 |
City of Casey | $20,000 |
City of Danville | $33,400 |
City of Rochelle | $33,400 |
Village of Bluford | $20,000 |
City of Belleville | $30,000 |
Jersey County | $20,000 |
Village of Carrier Mills | $20,000 |
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