hey prescott.

Homebuyer Down Payment/Closing Cost Assistance Program

Up to $7,100 toward a down payment in IL.

Location
IL
Type
Forgivable assistance
Max assistance
$7,100
Income limit
$94,550
First-time buyer
Not required
Property types
Single family, Townhouse, Condo

The City of Moline CDBG Down Payment/Closing Cost Assistance Program, administered by the Community & Economic Development Department, provides forgivable second-mortgage loans up to $7,100 to low- and moderate-income homebuyers earning up to 80% of HUD AMI who purchase homes in Moline. Funded through CDBG, the program covers up to 50% of the required down payment plus reasonable closing costs and is forgiven on a pro-rata basis over a 5-year affordability period.

Learn this program

Short reads on how it works, in plain language. Free, no sign-up needed to read.

Free course from Hey Prescott

Homebuyer Down Payment/Closing Cost Assistance Program, explained

A short, free course on Homebuyer Down Payment/Closing Cost Assistance Program: what it is, who it is for, how it is forgiven, where it applies and how to apply. Based on program data from June 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.