Cook County Down Payment Assistance Program

NOTE: This program re-opened to the public on June 24, 2025. 

The Cook County Down Payment Assistance Program helps homebuyers with down payments, closing costs or mortgage buydowns.

The program provides subsidies of up to $25,000 or 5 percent of the home's sale price, whichever is less.

Club 720 Solutions LLC, an organization committed to helping people on their home-buying journey, is partnering with Cook County on this program. 

Stifel, Nicolaus and Company Inc., a brokerage and investment banking firm, is also a partner.

Homebuyers interested in the program, as well as lenders interested in becoming part of the program, should visit club720.org/cookcounty-dpa.

Eligibility

Those earning up to 120 percent of the county’s median income ($143,880 for a household of four) are eligible, and for those buying in Disproportionately Impacted Areas or Qualified Census Tracts, there is no income limit.

First-time and repeat buyers throughout Cook County who meet those criteria may apply.

All first-time homebuyers (first-time homebuyers include those purchasing a home for the first time in three years) must complete a homebuyer education course before closing. Courses are available on the Club 720 website.

Online workshops

Online workshops will be held to assist interested homebuyers. Those dates will be posted as soon as they are finalized. The workshops will also be posted online once completed.

Questions?

For direct assistance, email Club 720 at support@club720.org.