City of Springfield, Illinois

Misty Buscher - Mayor


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Far East TIF District Interior/Exterior Rehabilitation Program


Did you know that if you reside in the Far East Tax Increment Financing District (TIF), you are eligible to apply for the City of Springfield’s Interior/Exterior Rehab Program! This is a grant program that provides up to $25,000 of assistance to property owners of single-family, owner-occupied properties for eligible improvements.

The City has designated a portion of fines collected from housing violations to create this program to achieve the following goals:
  • Provide financial assistance to homeowners who wish to enhance their investment in the neighborhood;
  • Improve the quality of life for homeowners and residents in the areas by assisting them with repairs or property improvements;
  • Preserve and enhance the quality of the neighborhood;
  • Increase the equalized assessed valuation of properties within the corporate limits of the City of Springfield;
  • Catalyze further investment within the TIF area.

Unsure if you are in the Far East TIF District? You may review the City’s online map to see if your home is within this TIF area. Click here and type your address in the search box.
Before

After

Available Assistance

The program is a 25/75 matching grant program which means the homeowner will need to pay 25% of the costs and the city will match the other 75% upon project completion. Residents who earn less than 80% of the median household income as established by HUD may qualify for a 10/90 match. All qualified applicants can receive up to $25,000 in assistance for qualified projects with a pro-rata 5-year forgivable grant parameter. Applications will be received by City staff and will be reviewed and approved on a first come, first served basis, as funds are available. The application must be received and the homeowner must sign contract before beginning the project. An assistance agreement and five-year recapture agreement will be executed between the homeowner and the City
Program Details (PDF Version) Program Application (PDF Version)

Eligible Interior Improvements (Repair and/or Replacement)

  • Ceiling
  • Electrical
  • Flooring
  • HVAC System
  • Insulation
  • Mechanical
  • Plumbing
  • Bathroom

Eligible Exterior Improvements (Repair and/or Replacement)

  • Exterior painting or siding
  • Tuck-pointing, masonry
  • Roofs
  • Porches and exterior stairs
  • Accessibility ramps (ADA ramps)
  • Permanent doors
  • Attached garage rehabilitation
  • Windows

Home Purchase Incentive

The City of Springfield also offers a $10,000 home purchase grant for an owner-occupied home purchase or new home construction in the Far East Neighborhood. A TIF grant up to $10,000 is available for purchase of a single-family, owner-occupied residential property which may be combined with the Interior/Exterior program. However, a combined grant award may not exceed $25,000.

 Frequently Asked Questions

I have to own the home? What about contract for deed?
The applicant must own and occupy the home. This program is only available to single-family homeowners.

I own a rental house in the neighborhood that needs work. Can I apply?
No, the program is only open to owner-occupied single family homeowners.

Does my spouse/boyfriend/girlfriend have to sign the agreement?
Anyone named on the deed to the home must sign the agreement. If your partner’s name appears on the deed, he or she is also party to the agreement.

My contractor wants a deposit. Can I put money down to hold the bid?
If your contractor requires a deposit, that down payment may be considered part of the homeowner match. Additional documentation is required; please talk with City of Springfield’s Office of Planning & Economic Development (OPED) staff for more information.

How do I hire a contractor to do the work?
Improvements made to owner-occupied single family homes with a grant of $25,000 or below requires three bids from different contractors. You may accept the lowest qualified bidder.

I have a contract and the work is finished; when do I get my check?
Submit the documentation of inspection and a copy of the contractor’s invoice to OPED. The city can take up to 30 days to review invoices. The city typically takes about two weeks to process payments.

I used the grant to replace my roof and discovered that my chimney needs repair. Can I apply for more money?
Yes! The maximum grant to a homeowner is $25,000. A homeowner may apply more than one time, as long as the total grant from the city does not exceed $25,000 and there is still money available in the fund.

 Far East TIF District Interior/Exterior Rehabilitation Program

SECTION: APPLICANT INFORMATION

Owner and Property Information
 
 
 
 
 
 

Please provide an accurate email address as this will be the primary method of contact.
   
 
Year Home built
 

All Names listed on Deed of Record
Note: All owners listed on the deed will be required to sign the grant agreement.
 

SECTION: PROJECT SCOPE

Describe the work to be completed and if the current situation is hazardous. Please include an estimated budget for each item. You will be asked to provide at least three bids for each the project if selected.








SECTION: HOME PURCHASE INCENTIVE OPTION


Check the box if you would like additional information about this program.

SECTION: INCOME AND FAMILY SIZE CERTIFICATION



*Income information is only used to find additional funding resources available at the City

 

SECTION: CERTIFICATIONS

Please review the following and check each box:
All Boxes must be checked in order to Submit Application.
By typing my name below, I certify that my answers are true and complete to the best of my knowledge.
 
   

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