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$86,500
In order to apply, tenants must provide a government-issued photo ID, proof of address, proof of income, proof of rent amount and the landlord s contact information.
Landlords can also apply on a tenant s behalf, and must provide proof of ownership and the property management agreement, as well as their Tax Identification Number.
Chicago Mayor Lori Lightfoot was scheduled to announced the program at a news conference at 11:15 a.m., according to her public schedule. The event can be watched live in the video player above.
Not in Chicago? Illinois has a program for all residents of the state that opened earlier this month.