- Location
- IL
- Type
- Forgivable assistance
- Max assistance
- $5,000
- Income limit
- $109,000
- First-time buyer
- Required
- Property types
- Single family, Townhouse, Condo
The City of Collinsville First Time Homebuyer Program, administered by the Community Development Department, provides income-based down payment assistance of up to $5,000 to first-time homebuyers purchasing a primary residence within the City of Collinsville corporate limits. Funded through CDBG/HOME, the assistance is structured as a 5-year forgivable second-mortgage loan; required buyer contribution is set on a graduated scale based on Median Area Income (MAI) tier.
Learn this program
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
First Time Homebuyer Program, explained
A short, free course on First Time Homebuyer Program: what it is, who it is for, how it is forgiven, where it applies and how to apply. Based on program data from July 2026. About ten minutes.
5 modules · About 10 minutes
Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.