Northwest Home Equity Assurance Program
Home Equity is a neighborhood-funded, neighborhood-run program. It was approved in 1988 by an overwhelming majority of Chicago voters on the northwest side. When it comes to fostering stability in your community, the Northwest Home Equity Assurance Program provides protection that you and your neighbors can live with…literally! Created by state statute, Home Equity guarantees you won’t lose any money if your property falls below its current fair market value. This unique program has established an outstanding record for helping neighborhoods.