Homebuyers in the greater Chicago market browsing broker and agent websites will soon be able to see when a listing is eligible for a down payment assistance program, and determine if they might qualify.

Midwest Real Estate Data LLC is the fourth multiple listing service (MLS) in the nation to offer Atlanta-based Workforce Resource’s Down Payment Resource tool, which integrates information about hundreds of down payment assistance programs with MLS listing data.

Once integration is complete, listings that the Lisle, Ill.-based MLS’ 40,000 customers display on their websites or send to clients via email will feature special icons if they are eligible for a down payment assistance program.

Clicking on the icon will provide details about available programs, and an eight-question survey that will help would-be homebuyers determines if they meet the qualifications for each.

More than 74 percent of homes listed in MRED’s coverage area may be eligible for one or more of the 629 down payment assistance programs Workforce Resources is tracking in the Chicago market, the companies said in announcing their partnership.

"Once we have completed the ‘shakedown cruise’ of (Down Payment Resource) we will then be ready to allow all agents and brokers to load the tool on their websites," said MRED CEO Russ Bergeron in a statement.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
We're giving away 3 free ICLV tickets at Connect Now next week. Register and attend live for your chance to win!REGISTER×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription