Southwest Home Equity Assurance Program
Invest in your home.
Invest in your neighborhood.
About Us
Our Mission
Our District
Our District
The Home Equity Program is a unique neighborhood stabilization program from the State of Illinois, developed to insure property values for an extended time. The Home Equity Program is financed by a special levy on single through six-unit residential properties within the Home Equity District. We are governed by the State of Illinois, Home
The Home Equity Program is a unique neighborhood stabilization program from the State of Illinois, developed to insure property values for an extended time. The Home Equity Program is financed by a special levy on single through six-unit residential properties within the Home Equity District. We are governed by the State of Illinois, Home Equity Assurance Act.
Our programs help Chicago homeowners protect and invest into their biggest asset - their home. If we can help each Chicago home one-by-one collectively we can continue to uplift our community together.
Our District
Our District
Our District
We are proud to cover 11 community areas, 9 wards and 7 zipcodes. Neighborhoods include Chicago Lawn/Marquette Manor, Gage Park, West Lawn, Clearing, Brighton Park, Archer Heights, Garfield Ridge, West Elsdon and parts of Ashburn, McKinley Park, New City and Scottsdale.
Zip codes include 60638, 60629, 60632, 60608*, 60609*, 60636* and 6065
We are proud to cover 11 community areas, 9 wards and 7 zipcodes. Neighborhoods include Chicago Lawn/Marquette Manor, Gage Park, West Lawn, Clearing, Brighton Park, Archer Heights, Garfield Ridge, West Elsdon and parts of Ashburn, McKinley Park, New City and Scottsdale.
Zip codes include 60638, 60629, 60632, 60608*, 60609*, 60636* and 60652*
Wards include 12, 13, 14 , 15*, 16*, 22*, 23, 17* and 18*
* Indicates portion of
Please refer to your real estate tax bill to ensure eligibility.
Eligibility Requirements
Eligibility Requirements
Eligibility Requirements
- You must be a homeowner and live in the district.
- The property assured must be your principal residence.
- The tax levy should appear on your real estate tax bill, "Under Miscellaneous Taxes" as "SW Home Equity Assurance Chgo."
Our Initiatives
Eligibility Requirements
Eligibility Requirements
The Southwest Home Equity Assurance Program offers two benefits.
The first benefit is that we protect the property value of your home, if you decide to sell in the future.
The second benefit we provide is through a partnership with Marquette and Hoyne Bank. We offer a Home Improvement Loan Program - an innovative benefit exclusively for m
The Southwest Home Equity Assurance Program offers two benefits.
The first benefit is that we protect the property value of your home, if you decide to sell in the future.
The second benefit we provide is through a partnership with Marquette and Hoyne Bank. We offer a Home Improvement Loan Program - an innovative benefit exclusively for members. Members are eligible to apply for special zero-to low-interest loans to repair or remodel their homes. A home inspection is required within 6 months of closing on your loan.
Finally, existing members are always encouraged to update their appraisal. By submitting receipts of $5,000 worth of home improvements, members can receive 50% off their next appraisal.
$25 New Member Promotion is back!
Requirements Include:
Must never have registered before
Eligible for our program
Do not have a current appraisal
Live in a 1-to-2 unit family home