Marquette Bank Affordable Housing Foundation
Accepts applications
Marquette Bank Affordable Housing Foundation is a private foundation in Chicago, Illinois. In tax year 2025 it gave $375,500 in 84 grants; the typical grant was $3,625 and the largest $83,300. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$375,500
- Number of grants84
- Typical grant$3,625
- Largest grant$83,300
- Assets$6.4 million
- New grantees22%
Giving in 2025 was up from $266,500 the year before.
22% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $235,000 | 64 | $4.5 million |
| 2024 | $266,500 | 79 | $6.0 million |
| 2025 | $375,500 | 84 | $6.4 million |
How to apply
| Contact | Manuel Jimenez 6316 South Western Avenue, Chicago, IL 60636 |
|---|---|
| Phone or email | (773) 918-4507, mjimenez@emarquettebank.com |
| What to submit | Call a marquette bank mortgage specialist or visit emarquettebank.com/home-financing/home-buyer-grants/ for more info. In addition to down payment and closing cost assitance for home buyers, the foundation also gives grants to not-for-profit (nfp's) organizations that serve low or moderate income geographies within marquette bank's assessment area. We do not have an application process; these are requests that come directly to the community reinvestment office. |
| Restrictions | -income requirement: total household income is less than 80% of the area median income for your county. - geographic requirement: purchasing a property within one of the census tracts within marquette bank's assessment area (cook, will, dupage). - qualify for a $1,000 grant when you buy a property in an upper income census tract. - qualify for a $2,000 grant when you buy a property in a middle income census tract. - qualify for a $4,500 grant when you buy a property in a moderate income census tract. - qualify for a $7,500 grant when you buy a property in a low income census tract. - first-time home buyer or cannot own another property at the time of the new closing and the grant must be used toward the purchase of your owner-occupied primary residence: single-family home, two flat, condo or townhouse. -assistance must be used towards down payment and closing costs. -additional restrictions may apply, contact a marquette bank mortgage specialist today. |
What Marquette Bank Affordable Housing Foundation funds
Where it gives
All of its grants went to recipients in Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 84 | $375,500 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Beds Plus | Community development | $83,300 |
| Latinos Progresando | Community development | $10,800 |
| Greater Southwest Development Corporation | Community development | $10,000 |
| Neighborhood Housing Services of Chicago | Community development | $10,000 |
| Poder | Community development | $10,000 |
| Individual | First time home buyer grant | $7,500 |
| Individual | First time home buyer grant | $7,500 |
| Individual | First time home buyer grant | $7,500 |
| Individual | First time home buyer grant | $7,500 |
| Individual | First time home buyer grant | $7,500 |
| Individual | First time home buyer grant | $7,500 |
| Southwest Organizing Project | Community development | $6,500 |
| Woodstock Institute | Community development | $6,500 |
| Illinois Partners in Hope | Community development | $5,800 |
| Chicago Commons | Community development | $5,000 |
| Enlace Chicago | Community development | $5,000 |
| La Casa Norte | Community development | $5,000 |
| Metropolitan Family Services | Community development | $5,000 |
| The Monroe Foundation | Community development | $5,000 |
| The Bridge Teen Center | Community development | $4,800 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Individual | First time home buyer grant | $4,500 |
| Oak Park Regional Housing | Community development | $4,500 |
| Toy Box Connection | Community development | $4,300 |
| Spanish Coalition for Housing | Community development | $4,250 |
| Allies for Community Business | Community development | $4,000 |
| Arab American Business and Professional Association | Community development | $4,000 |
Officers and trustees
- Betty Harn
- Manuel Jimenez
- Christie Cox
- Patrick J Hunt
- Patricia Robertson
- Alan Kwasneski
- Jerry F Magold
- John G Byrnes
- Paul M McCarthy
- George S Moncada
- Barry M Sabloff
- William Sullivan
- Mark Zelisko
- Terese M Best
- Randall R Schwartz
Questions people ask
Does Marquette Bank Affordable Housing Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Marquette Bank Affordable Housing Foundation give?
$375,500 in tax year 2025, across 84 grants, with a typical grant of $3,625.
Who runs Marquette Bank Affordable Housing Foundation?
Its 2025 filing lists Betty Harn (President), Manuel Jimenez (Vice President & Assistant), Christie Cox (Secretary) and Patrick J Hunt (Treasurer) among 15 officers and trustees.
What does Marquette Bank Affordable Housing Foundation fund?
Based on its grants, mainly community development, housing and homelessness and environment and conservation.