using Zillow’s calculator for a family of four earning 80% AMI ($97,200):
- with a $20,000 DP they can afford a $313,484 house
- with this $70,000 DP they can afford a $365,388 house
- with 20+70 DP they can afford a $400,280 house
Chicago Cityscape
Chicago's new HomeGrown Purchase Assistance Grant will provide low- and moderate- income families up to $70,000 to support the purchase of a home. Learn more: www.wbez.org/housing/2026...
The HomeGrown Purchase Assistance Grant comes at a time when homeownership is becoming increasingly out of reach for many city residents.