EMployer Assisted Housing PRogram
The Employer Assisted Housing Program (otherwise known as Live-Work Rock Island) provides downpayment and closing cost assistance to eligible Development Association of Rock Island (DARI) member employees.
Live and Work Rock Island (Employer Assisted Program) Homebuyer is granted up to 3% of the home’s purchase price for down payment assistance and up to $1,500 for closing costs. (No rehabilitation work is performed).
Homebuyer must purchase home anywhere within the city limits of Rock Island (61201 zip code).
Homebuyer must be an employee of an eligible DARI-member company (Click here to view eligible companies).
Homebuyer signs a 5-year forgivable recapture agreement.
Homebuyer must contribute a minimum $1,000 to the transaction.
Homebuyer can earn up to 120% of the area median income.
Income limits and programs are subject to change without notice. For more information, please call 309-788-6311.
How to Apply
Homebuyers must first complete an application, meet eligibility, and complete the homebuyer education class. Contact 309-788-6311 or firstname.lastname@example.org for more information.