The City of Peoria, through its Department of Planning and Growth Management, has re-opened the Down Payment Assistance (DPA) Program as of Tuesday, January 19, 2010. The DPA Program provides up to 20% of the purchase price of a property, with a maximum amount of $10,000, to income-eligible homeowners. The Program is available Citywide to first-time homeowners. Special priority and emphasis is given to the Glen Oak School Neighborhood Impact Zone for non first-time homebuyers who purchase within the Zone.
With the funds available, City staff will accept a total of 15 applications on a first come, first served basis.
Applications and Program Guidelines can be obtained from the Department of Planning and Growth Management (PGM) or at http://www.ci.peoria.il.us/planningforms. Any individual interested in applying or would like additional information should contact Nicole Frederick, Grants Coordinator at 494-8606 or nfrederick@ci.peoria.il.us.
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