Perspective homebuyers must:

• Meet specific guidelines to qualify for home ownership;
• Work with Breaking Ground staff to clear up any existing credit problems;
• Attend home ownership classes, which help buyers prepare for the responsibilities of home ownership.

Resources and Links

City of Chicago, Department of Housing
The Chicago Department of Housing was established in 1980 to provide financial assistance to homeowners and developers to preserve and create affordable housing options. Working with other City agencies, non-profit and for-profit community development corporations and other community organizations, the Department employs innovative ways to finance affordable housing projects.

Freddie Mac
Online guide to home buying process, FAQs, and mortgage information

NHS
One of many resources for Homebuyer Education and Counseling

Money Management International
Resource for credit, budget, and housing counseling. Also provides debt management services.

Equifax
National consumer credit bureau

Experian
National consumer credit bureau

TransUnion
National consumer credit bureau

Tri-Merge/Free Credit Report
Provides free report that merges results of all three above national consumer credit bureaus. Can access report free for first 30 days, which is considered "trial period." After trial period, monthly fee will be charged if membership is not terminated.

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