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First-time homeowners in Illinois eligible for state grants.

Knight Ridder/Tribune Business News

| July 07, 2004 | COPYRIGHT 1999 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

By Will Buss, Belleville News-Democrat, Ill. Knight Ridder/Tribune Business News

Jul. 7--Qualifying first-time homeowners are eligible for $442,000 in state money that they do not have to repay.

A total of 128 eligible low- and moderate-income households in St. Clair County will receive funding through the St. Clair County Homebuyers Association. Each household can collect between $3,000 and $5,000 for a down payment and closing costs toward a house.

The grant will make a tremendous impact, said Ken Hise, manager of the community development division of the St. Clair County Intergovernmental Grants Department.

"It's quite a boost to …

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