Housing Program
Jamieson Community Center is excited to announce a housing project in partnership with Pattee Foundation. This program helps address the local housing shortage while offering lower-income households the opportunity to purchase a move-in-ready home.
Three homes have been purchased in Monmouth and are currently in various stages of renovation. As homes are completed, they will be sold to first-time home buyers earning 80% or less of the Area Median Income.
How the Program Works
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Homes are purchased and renovated through patnership with Pattee Foundation
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Interested buyers must attend a required homebuyer workshop
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Applications and full requirements are provided at the workshop
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There is no cost to apply
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Qualified buyers will purchase homes through a lender
Program Requirements
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Be a first-time home buyer
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Attend one required homebuyer workshop
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Complete free individual credit counseling with Consumer Credit Counseling Service of Northern Illinois
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Save a minimum of $1,000 toward a down payment
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Be pre-approved for a mortgage through a bank
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Income Eligibility (80% Area Median Income)
Income must be at or below the following limits:
Household Size Maximum Income
1 person $54,700
2 persons $62,500
3 persons $70,300
4 persons $78,100
5 persons $84,350
6 persons $90,600
7 persons $96,850
8 persons $103,100
Additional Information
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If multiple applicants meet all requirements, names will be placed in a drawing
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Applicants are responsible for purchasing the home through a lender
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Home prices will vary, with the goal of keeping monthly house payments around $1,000
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To avoid conflict of interest, JCC staff, board, and their immediate families are not eligible to apply
Homebuyer Workshops (Required)
Anyone interested in purchasing a home through this program must attend a workshop on The Real Cost of Homeownership, presented by Consumer Credit Counseling Service of Northern Illinois.
February Workshop Dates
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February 17 at 6:30 PM
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February 20 at 10:00 AM
Location: Jamieson Community Center, Community Room
1025 S. 2nd St., Monmouth
Register for Workshop
Contact
If you have questions about the housing project complete this form.
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