More than 1,160 Illinois residents became homeowners through two rounds of IHDA’s SmartBuy Program, which provided over $33 million in student loan forgiveness across Illinois. The program helped families reduce debt, build equity, and invest in their futures. Read the full release here.
The recent grand opening of Winstanley Park in East St. Louis is the third phase of a revitalization effort, bringing an additional 38 modern residences, community resources, and a renewed vision for the neighborhood. Read the full release here.
IHDA is proud to partner with communities in Illinois to identify and meet local housing needs. We offer a free planning process that builds on existing efforts, identifies community strengths and needs, and enhances local capacity through a Community Revitalization Strategy.
Read about our most recent Revitalization plan for the Village of Durand 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.
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!
111 E. WACKER DRIVE,
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