(312) 836-5200

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.

IHDA offers a number of homebuyer programs that might make the difference in your client’s ability to afford a new home.


Multifamily Financing Spotlight Image
One-Stop Plus

Developers of affordable rental housing now have another financing option with the One-Stop Plus structure program. One-Stop Plus is a short-term, interest-only tax-exempt loan arranged by IHDA along with a permanent, taxable IHDA Federal Financing Bank (FFB) Mortgage with up to a 40-year fully amortizing loan term. Learn about One-Stop Plus on our First Mortgage Loan Programs page.

IREFI-Spotlight 3.3.17 551x367
The New 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 .

IHDA Annual Report Fiscal Year 2016
IHDA Annual Report Fiscal Year 2016

We’re excited to release the new IHDA  FY2016 Annual Report . Whether it was helping a family find an affordable place to live, giving local governments the tools they need to create vibrant neighborhoods, or generating more opportunities for the state’s development partners to build and preserve affordable housing, our investments changed lives and communities in 2016.