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Housing

Foreclosure Assistance Program
The State of Illinois provides advice and assistance to homeowners facing foreclosure. You can reach them through https://www.ihda.org/my-community/foreclosure-programs/

The Maywood Residential Code Compliance Program
This program is made possible through a partnership between Seaway Bank and Trust Company and the Village of Maywood. The program provides needed capital to encourage the beautification of residential properties in the Village of Maywood.

Loan Terms
  • Unsecured loans up to $4,000.
  • Fixed interest rates of 6%. (Monthly payments equal approximately $122 (principle + interest) for a loan of $4,000 at 6% with 36 payments.
  • Repay the loan over three years.
  • Single family homes and 1-4 unit buildings are eligible.
  • Click here to see flyer.
Want to Make Your Home A Landmark?
Discover more about Landmarks in Maywood. Click here to visit the Landmark Commission's webpage.

Illinois Approves $10 million to Rehab Vacant Homes
Four developers have been selected to rehabilitate vacant properties in suburban communities hard hit by foreclosures in Illinois.
Using $10 million in Illinois Jobs Now! funding, the developers will return approximately 75 single-family homes to the market in Berwyn, Chicago Heights, Maywood, Park Forest, and South Holland.
Click here to read the entire article.

Attention Renters - Affordable Homes with $10,000 Down Payment Assistance Available!
The West Cook Homeownership Center is working with the Village of Maywood to help promote responsible homeownership in the community. Working with a Home Purchase Advisor, you can find a home that is right for you and determine if you qualify for forgivable down payment assistance ranging from $10,000 to $18,000. Homes are move-in ready with updated kitchens and baths, including granite counters and stainless steel appliances. The supply of affordable homes and down payment assistance is limited. For more information, call the West Cook Homeownership Center at (708) 771-5801 and ask to speak to a Home Purchase Advisor about the “West Cook Homes.”
You can also download an application at www.WestCookHomeownership.org.

You can print your application and complete it by hand or fill it out on your computer and email it to Marz Timms mtimms@WestCookHomeownership.org.

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