RockBuzz Aurora's Post
Aurora Is Helping You Buy Your Next Home — Up to $26,000 in Assistance Available Now Owning a home in Aurora just got a whole lot more within reach. The City of Aurora has officially launched the Choose Aurora Homebuyer Assistance Program, a new initiative designed to help residents and newcomers plant roots right here in our community — and the financial support behind it is substantial. Through the program, eligible homebuyers can access up to $20,000 in a no-interest deferred loan for a down payment, plus a $5,000 grant toward closing costs, and up to a $2,000 grant for minor home repairs — a total package of up to $26,000. What makes the deferred loan especially attractive is that it doesn't need to be repaid until the home is sold or is no longer your primary residence, meaning there's no added monthly pressure on your finances while you're getting settled. The program is funded through a $650,000 pool that draws from federal Community Development Block Grant funds, HOME Investment Partnership dollars, and Aurora's own Affordable Housing Fund. To qualify for the down payment and repair assistance, buyers must be at or below 120 percent of the area's median income. The closing cost grant requires being at or below 80 percent of the median income. This isn't just about financial aid — it's a statement about the kind of city Aurora wants to be. By investing in homeownership, the city is investing in long-term neighborhood stability, community pride, and the kind of deep roots that make a city feel like home. If you're interested or have questions, reach out to Community Development Services Management Assistant Adam Grubbs at GrubbsA@aurora.il.us or call 630-256-3328.