Elgin offers grants for rehabilitation projects in historic homes

A grant program designed to help restore homes in Elgin’s historic neighborhoods is accepting applications.

The 2022 Elgin Historic Architectural Rehabilitation Grant Program grant application can be downloaded from the city’s website at cityofelgin.org/historicgrants. The deadline for submission is April 1. The program provides residential owners of buildings in Elgin’s five designated historic neighborhoods or other iconic homes with reimbursement grants of up to $20,000 for the restoration of exterior architectural features.

Since its launch in 1995, more than 400 grants have been awarded under the program. Landowners participating in the program have completed nearly $9 million in rehabilitation projects.

The program offers two levels of grant. The 50/50 program reimburses 50% of restoration costs up to $20,000, with a minimum total project cost of $5,000. The project must be completed in 18 months.

The 75/25 program has a low and moderate income qualification requirement and pays back 75%, up to $20,000. The minimum total project cost to qualify for this level is $2,500 and the property must be owner occupied.

The program is funded equally by the general fund and the central area TIF district.

For more information, visit cityofelgin.org/historicgrants.

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