At IHDA, we know that your home is more than four walls and a roof. It’s the place where you put down roots, build your future and create memories.
Vibrant communities around the state typically share these common traits: citizens are engaged; neighborhoods are safe and schools are thriving.
Developers of multifamily housing are essential partners in IHDA’s mission to provide safe and affordable rental housing across Illinois.
SPOTLIGHT
IHDA Annual Report Fiscal Year 2017
We are pleased to announce the release of our Fiscal Year 2017 Annual Report . 2017 marks the 50th anniversary of the creation of IHDA by the Illinois Legislature. This Annual Report takes a look back at milestones throughout our history as we financed over 255,000 units of affordable housing to support healthy, economically integrated communities throughout the state.
The Illinois Hardest Hit Program
Are you among the hardest hit and need help paying your mortgage? Help is available through the Illinois Hardest Hit program . Homeowners who have experienced a 15% reduction in income due to a hardship may be eligible for up to $35,000 in reinstatement and/or ongoing monthly mortgage assistance while working to regain financial stability.
The I-REFI Program
Sinking in an underwater mortgage? Receive $50,000 in federal assistance to buy down your mortgage and refinance into a loan you can afford through the I-REFI program. Funds are limited. Act today! Find a lender at www.ihda.org/irefi .
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