IHDA is now accepting applications for its Permanent Supportive Housing (PSH) Development Program, offering loans, forgivable loans, and grants to developers building or preserving affordable housing paired with essential case management and supportive services. This round includes funding from the Illinois Opioid Remediation Fund for PSH developments.
Read more about this funding opportunity and upcoming informational webinars.
The IHDA Board approved funding totaling $40 million for the development of four non-congregate shelters that will create 194 private units with 422 beds for families and individuals experiencing homelessness. These facilities will not require occupants to sign a lease and will offer case management and other support services.
Read the full release here.
The Illinois Housing Development Authority (IHDA) is pleased to share the 2026 Qualified Allocation Plan (QAP). IHDA’s QAP sets the evaluation criteria and process for awarding Low-Income Housing Tax Credits (LIHTC), a critical funding tool for the State of Illinois that is utilized to support affordable housing development.
The IHDA Board approved awards totaling $24 million in federal Low-Income Housing Tax Credits (LIHTC) and an additional $39 million in federal and state subordinate resources that will finance the creation and preservation of 16 affordable housing developments in 11 counties throughout Illinois.
Buying a home? IHDA Mortgage programs can be used for assistance OR closing costs OR both! Even if you have 20% down saved, we can still help with closing costs.
All our programs are available statewide and you may use any approved IHDA lender to fund your home purchase. Learn about our IHDA Mortgage programs today!
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