2013 Press Releases

Central Illinois Residents Receive Foreclosure Prevention and Homebuying Assistance

State assists residents with up to $35,000 to struggling homeowners to prevent foreclosure and up to $10,000 to buy a home

May 18, 2013

Housing Agency Announces Sale of $127.6M in Housing Bonds

Sale shows strong investor interest, generates private investment

May 16, 2013

Orland Park’s First Affordable Rental Development Opens

State investment brings vital housing opportunities for 80 seniors in the southwestern suburbs

May 13, 2013

Governor Quinn Announces $10 Million for Community-Based Supportive Housing

Funds Will Help Create Safe and Affordable Rental Housing Across Illinois

May 10, 2013

Grand Opening of Jane Addams Park Apartments Strengthens Community

New development will connect residents to the support they need to live independently

May 9, 2013

State Targets Peoria to Promote Homebuyer Down Payment Assistance and Foreclosure Prevention Help

May 18 event will offer up to $10,000 for residents to buy a home and up to $35,000 to struggling homeowners to keep their home

May 8, 2013

State Housing Agency Honors Leaders in Affordable Housing

State's Affordable Housing Champion Awards recognize progress and initiatives to create and sustain affordable housing

May 7, 2013

Governor Quinn Breaks Ground on New Supportive Housing for Veterans with Families

Hope Manor II Apartments will Connect Residents with Services Needed to Live Independently

April 25, 2013

Governor Quinn Addresses Annual Conference on Affordable Housing

Discusses Commitment to Increasing Homeownership Opportunities, Helping Working Families Stay in their Homes and Stabilizing Communities

April 24, 2013

State Housing Agency Announces New Counseling Funding to Protect Homeowners

Thousands of homeowners can receive FREE financial advice through Illinois Foreclosure Prevention Network (IFPN) to help keep homes

April 23, 2013

State Housing Agency Receives Two Federal Grants to Help Homeowners Keep Their Homes

Homeowners can access FREE financial advice through Illinois Foreclosure Prevention Network (IFPN) TODAY

April 17, 2013

State Housing Agency Receives $1M to Create More Community-based Supportive Housing

New award will help state's efforts to provide deeply-affordable housing choices

April 4, 2013

Vacant Properties Rehabbed, Available for Sale after State Housing Agency's Federal Investment

Homes in Melrose Park amongst nearly 350 foreclosed, vacant units rehabbed

April 4, 2013

130 Families Pre-Qualified for Affordable Mortgage Products at State of Illinois Homebuyer Expo

Event furthers state's efforts to spur a housing market rebound and economic recovery

March 25, 2013

Demand for Homebuying Returns as Hundreds Attend State of Illinois Homebuyer Expo

Event part of state's work toward a housing market rebound and economic recovery

March 23, 2013

Governor Quinn Expands Innovative Program to Help Working Families, Rebuild Communities

Illinois Building Blocks Program Provides $10,000 in Assistance to Buyers of Vacant Homes in 15 Hard-Hit Communities

March 21, 2013

Renovated Historic Loop Landmark Features Affordable Rental Apartments

IHDA helped finance rehabilitation of Randolph Tower, create construction jobs

March 20, 2013

Governor Quinn Announces Illinois Hardest Hit Increasing Mortgage Assistance to $35,000 per Homeowner

$10,000 Increase Expected to Immediately Help More Working Families Keep Their Homes; 7,000 Homeowners Helped So Far

March 15, 2013

Housing Finance Agency Achieves Competitive Interest Rate on Single-Family Bonds

Innovative structure accessed 2.51 percent interest rate on new $100M issue

March 15, 2013

New Program to Preserve Affordable Rental Opportunities across Illinois

Preservation Now to ensure 1,200 units statewide can continue to provide affordable rents

March 13, 2013

Governor Announces $10,000 Down Payment Assistance Available at Upcoming Homebuyer Expo

First 300 Homebuyers to Qualify at Expo will get Financial Assistance

February 28, 2013

Governor Quinn Announces Federal $12 Million HUD Award to Advance Supportive Housing Efforts in Illinois

Federal Award Will Help People with Disabilities Access Affordable Rental Housing in Communities Across Illinois

February 12, 2013

Governor Quinn Signs Landmark Legislation to Strengthen Communities Across Illinois

New Law Will Responsibly Fast Track Foreclosures; Invest $120 Million in Foreclosure Prevention and Abandoned Property Maintenance

February 8, 2013

Construction to Start on Affordable Apartments for Morgan County Seniors

Jacksonville development to create 41 local jobs

February 5, 2013

Governor Quinn Announces 500,000 People Helped Through Illinois Foreclosure Prevention Network

Urges Homeowners to visit KeepYourHomeIllinois.org for Assistance

February 1, 2013

2012 Press Releases

New Lawrence County Development Provides Safe, Decent Housing for Working Families

100 local jobs created during construction of Indian Trail Apartments

December 14, 2012

Housing Finance Agency Achieves Competitive Interest Rate on Single-Family Bonds

Innovative structure accessed 2.63 percent interest rate on new $40.9M issue

December 6, 2012

New Supportive Housing Development Celebrates Grand Opening in Springfield

Hope Springs connects residents to support they need to live independently

December 5, 2012

Innovative Mortgage Solution Fund Buys Distressed Loans

Goal is to modify mortgages and offer permanent solutions, long-term stability for Illinois borrowers

December 4, 2012

State Housing Agency Announces Two Rounds of Counseling Funding to Protect Homeowners

Thousands of homeowners to receive FREE financial advice to avoid foreclosure

December 4, 2012

New Safe, Affordable Apartments Open in Madison County

78 apartments scattered in Madison, Venice replace aging housing development

November 30, 2012

Governor Quinn Launches Internet Campaign "Thanks in Advance" for Pension Reform

On behalf of children caught in pension squeeze, effort will "educate and activate" Illinois citizens about $96 billion problem

November 18, 2012

New Lake County Development Features Affordable Apartments for Seniors

Grayslake housing features affordable rents, supportive housing units to help seniors live independently in the community

November 17, 2012

Affordable Green Homes for Metro East Families Celebrate Grand Opening

State housing agency financed homes powered by solar and wind energy

November 14, 2012

Governor Quinn Announces New Financing to Help More Military Families Afford Homeownership

Illinois Jobs Now! Financing to Help Additional 500 Families Buy a Home through "Welcome Home Heroes" Program

November 12, 2012

Illinois Hardest Hit Program Helps 5,000^th Homeowner Protect Home from Foreclosure

Statewide program offers struggling homeowners up to $25,000 in federal funds

October 29, 2012

Illinois Wins National Housing Award for Program that Helps Homebuyers, Rebuilds Communities Hit by Foreclosure

Illinois Building Blocks is an Innovative Approach to Homeownership and Stabilizing Communities

October 29, 2012

New Development for Formerly Homeless Veterans Celebrates Opening in Springfield

Veterans will be connected to supportive services to live independently

October 24, 2012

State Invests Federal Tax Credits to Boost Affordable Housing Construction

Affordable apartments for people with disabilities, veterans, seniors and working families to be created statewide

October 22, 2012

New Affordable Supportive Living Development for Low-income Seniors Opens in Lake County

105-unit supportive living development combines safe housing, 24-hour care

October 17, 2012

Governor Quinn Helps Working Families Connect With Illinois Foreclosure Prevention Network

Thousands of Illinois Residents Getting Help to Save Their Homes; South Holland Event is Latest to Connect Families Facing Foreclosure with Resources

October 13, 2012

Governor Quinn Works with Religious Leaders to Help Homeowners Access Available Resources

Illinois Foreclosure Prevention Network offers free counseling, mortgage payment assistance

October 4, 2012

New Development in Quad Cities Makes Downtown Living Affordable for Working Families

Loft apartment dwellers can save on commuting costs

September 26, 2012

New Housing Development Serving Low-income Seniors Opens in Lake County

New 94-unit supportive living development combines safe housing, 24-hour care

September 20, 2012

State Housing Agency Celebrates Groundbreaking of Supportive Housing in Chicago

New development to connect women with job skills, counseling help

September 12, 2012

State Housing Agency Celebrates Grand Opening of New Supportive Housing Development

Residents of DuPage County apartments connected to counseling, job training

August 23, 2012

State Housing Agency Approves Financing to Build Supportive Housing for Formerly Incarcerated

State capital funding to create opportunities for people at risk of homelessness

August 22, 2012

State Housing Agency Approves Financing to Preserve Affordable Housing for Seniors

Investment will finance rehabilitation of Bloomington apartments

August 22, 2012

Governor Quinn Signs Housing Bills to Support People with Disabilities and Protect Homeowners from Mortgage Fraud

Announces up to $50 million for permanent supportive housing

August 3, 2012

State Housing Agency Approves $10M for Developers to Rehabilitate Vacant Suburban Homes

New Phase of Illinois Building Blocks Pilot Program Helps Communities Return Vacant Properties to the Market, Creates Affordable Homeownership Opportunities

July 31, 2012

Governor Quinn Encourages Attendance at Illinois Foreclosure Prevention Network Event

O'Fallon Event to Connect Families Facing Foreclosure with Resources to Help Keep Their Homes

July 20, 2012

National Organization Awards State Housing Finance Agency Leader

Group Cites Affordable Housing Advocacy Work at IHDA

July 9, 2012

Housing Finance Authority Issues Bonds to Finance Affordable Housing Development

$19.1M in bonds to finance supportive living facility development

May 31, 2012

New Development for Formerly Homeless Veterans Celebrates Opening before Memorial Day

Hope Manor Provides Job Training, Health Services

May 24, 2012

Quinn Administration Partners with National Event to Help Chicago-area Homeowners

Free Federal, State Resources Available for Homeowners Facing Foreclosure

April 23, 2012

Conference Highlights Governor Quinn's Commitment to Affordable Housing

Two-Day Event Features HUD Secretary Donovan, Treasury Assistant Secretary Eberly and Housing Leaders from across Illinois

April 17, 2012

Governor Quinn Announces Up to $13 Million in New Relief for Southern Illinois Communities

Governor Secures State, Federal Resources to Help Southern Illinois
Families, Businesses and Local Governments Recover from Tornado

April 2, 2012

Governor Quinn Encourages Attendance at First Illinois Foreclosure Prevention Network Event

Berwyn Event to Connect Families Facing Foreclosure with Resources to Help Keep Their Homes

March 30, 2012

Governor Quinn Addresses Illinois Association of Realtors

Emphasizes Administration’s Commitment to Affordable Housing and
Sustainable Homeownership

March 26, 2012

Housing Finance Authority's Bond Program Earns Rating Upgrade

Moody's Cites Strong Financial Position of $409M Bond Program

February 14, 2012

Governor Quinn Announces Plan to Revitalize Vacant, Foreclosed Homes in Six Communities

'Building Blocks' Pilot Program Will Rehabilitate Vacant Properties, Increasing Affordable Housing and Stabilizing Neighborhoods

February 3, 2012

Governor Quinn Announces Illinois Foreclosure Prevention Network

New Statewide Program Connects Families Facing Foreclosure with Resources to Help Keep Their Homes

February 1, 2012

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2011 Press Releases

Governor Quinn Announces Public-Private Initiative to Grow Independent Housing for Persons with Disabilities

State investment spurs private investment in innovative housing program, returns vacant properties to productive use

December 16, 2011

Governor Quinn Announces New Home Financing Package for Illinois Veterans and Military Families

Welcome Home Heroes offers up to $10,000 plus federal tax credit to help servicemembers and veterans purchase their own home.

December 14, 2011

Housing Finance Authority Issues Bonds to Finance Affordable Housing Opportunities

More than $67.6M in bonds to finance home loans for first-time buyers.

October 26, 2011

New Housing Opens for Families with Special Needs

Model public-private development supported by federal funds.

September 21, 2011

Governor Quinn Announces $345 Million Mortgage Assistance Program in Illinois

'Illinois Hardest Hit' program leverages federal dollars to help homeowners avoid foreclosure.

September 15, 2011

IHDA Develops Affordable Homes in Central Illinois

Model public-private development supported by federal funds.

September 13, 2011

Apartments Featuring Affordable Rents for Families Open in Edgar County

Senator Durbin attends grand opening to demonstrate strength of federal housing stimulus funds.

August 11, 2011

Governor Quinn Announces $200M Commitment to Help First-Time Homebuyers and Veterans

Up to $6,000 in down payment assistance available to allow hundreds of Illinois families buy a home under statewide program.

August 3, 2011 (Springfield)

Governor Quinn Announces $200M Commitment to Help First-Time Homebuyers and Veterans

Up to $6,000 in down payment assistance available to allow hundreds of Illinois families buy a home under statewide program.

August 2, 2011 (Rockford)

Governor Quinn Announces Public-Private Partnership to Help Keep People in Their Home

National model program uses federal funds for permanent modifications

July 15, 2011

Kankakee County Families Realizing Dreams at New Affordable Housing Development

New homes help residents live closer to work, save money on commute.

June 27, 2011

Governor Quinn Proclaims Homeownership Month

Quinn highlights statewide mortgage loan, foreclosure prevention efforts.

June 17, 2011

Construction to Start on New Affordable Apartments for Kendall County Seniors

Construction on Oswego development to create 114 jobs.

June 16, 2011

Affordable Apartments for Will County Seniors Open

New Shorewood development demonstrates strength of federal stimulus funds.

June 9, 2011

Affordable Apartments for Families Opens in Quincy

New development allows families to live closer to work, save money on commute.

May 26, 2011

State Invests $6.2M in Federal Stimulus Funds to Build Supportive Housing for Young Parents

Transformation Project to create safe, affordable apartments

April 25, 2011

IHDA Board Appoints New Executive Director

Mary R. Kenney brings extensive housing finance background to position

April 15, 2011

Statewide Loan Makes Homeownership Affordable for First-time Buyers

SmartMove programs offer low-interest rates, down payment assistance

March 3, 2011

Federal Funds Stimulate Affordable Housing Construction, Job Creation across IL

State announces complete allocation of ARRA housing stimulus dollars

January 27, 2011

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2010 Press Releases

Federal Stimulus-funded Homes for Families and Persons with Disabilities Open in Central Illinois

Hickory Park Estates increases affordable housing options for residents

December 15, 2010

IHDA Celebrates Start of Construction on Housing for Domestic Violence Victims

A Safe Place to create secure, affordable apartments

December 8, 2010

Housing Development Authority Announces $10M Federal, State Investment to Build Affordable Homes in Moline

Construction on Moline Enterprise Work-Live Lofts will create jobs

November 22, 2010

State Celebrates Dedication of Two Affordable Apartment Developments in Chicago

North & Talman Apartments serve seniors, families

November 1, 2010

New Affordable Housing for Low-Income Families, Seniors and People with Disabilities Opens in Jacksonville

Rehabilitation of two former buildings helps preserve affordability

October 29, 2010

2010 Governor's Champions of Affordable Housing Awards

October 25, 2010

Governor Quinn Highlights State's Efforts to Increase Affordable Housing Options

Conference Focused on Stabilizing Economy, Creating Jobs

October 25, 2010

State Announces $5.3M in State, Stimulus Funding to Build Affordable Homes in Central Illinois

Cottage Apartments will create jobs and increase affordable housing options for local seniors

October 19, 2010

New Federal Stimulus-funded Homes for Working Families Open in Metro East

Granite City development offers rent-to-own opportunity

October 15, 2010

Governor Quinn Announces State Investment in New Housing for Homeless Veterans

Hope Manor Apartments to Provide Job Training, Support Services

October 14, 2010

State Invests Federal Stimulus Funds to Build Senior Housing in Crete

New apartments for independent seniors add to St. James campus

October 5, 2010

New Supportive Housing for Homeless Opens in Englewood

Development will offer residents job training, nutrition classes

October 2, 2010

Governor Quinn Announces Additional Federal Support to Help Hardest Hit Homeowners

New Funding Means $445 Million for Foreclosure-Prevention Program

September 30, 2010

New Development for Low-Income Seniors Opens in Pilsen

Senior Center on first floor will serve residents, community

September 28, 2010

State Invests Federal Stimulus Funds to Build Supportive Housing for Charleston Seniors

New development to provide independence and care

September 22, 2010

Governor Quinn Announces Housing Tax Credits For Elgin Arts Community

Development Would Create Affordable Live-Work Space for Artists

September 20, 2010

State Finances Affordable Green Homes for Metro East Families

Construction set to begin on homes powered by solar and wind energy

September 14, 2010

Affordable Homes for Seniors Open in Fox Lake

State housing finance agency officials celebrate new development, job creation

August 25, 2010

Construction Starts on Affordable Homes for Seniors in Bolingbrook

State finances 106 units of housing in Chicago suburb, creates construction jobs

August 16, 2010

Governor Quinn Announces Outreach Event to Help Struggling Homeowners

Homeowners can apply onsite for lower payments through federal loan modifications on August 29

August 15, 2009

New State-funded Affordable Housing for Seniors Opens in Blue Island

New development includes green features that increase affordability

August 11, 2010

Statement from Governor Quinn on Increased Federal Foreclosure Prevention Efforts

August 11, 2010

Governor Quinn Signs Legislation to Spur Construction of Affordable Housing, Job Creation

Governor Also Acts to Help Homeowners Avoid Foreclosure

August 2, 2010

State Celebrates Opening of New Affordable Homes for Madison County Families

Illinois' chief affordable housing official marks opening of significant development

July 30, 2010

Two Affordable Housing Developments Open in Chicago's North Side

Wilson Yard developments increase affordable housing

July 20, 2010

Quinn Administration Breaks Ground on Stimulus-funded Housing for Families with Special Needs

Work Begins on Rock Island Development

July 14, 2010

IHDA Awards $2.8 Million To Illinois First-Time Homebuyers

Funds will assist with down payment, closing costs, subordinate financing and homebuyer education

July 9, 2010

New State-funded Green Homes Open in Urbana

State housing finance agency officials celebrate Crystal View grand opening

June 22, 2010

Governor Quinn Proclaims June to be Homeownership Month

State dedicated to efforts that sustain American dream of homeownership

June 17, 2010

Governor Quinn Opens Rosa Parks Apartments Affordable Housing in Chicago

$12 Million in State and Federal Funds Used to Build Rental Apartments for Illinois' Working Families

June 10, 2010

National Award Winning Affordable Senior Housing Opens in St. Clair County

State-funded Wingate Manor creates 48 affordable homes

May 25, 2010

$1.4M to Fund Free Counseling for IL Homeowners Facing Foreclosure

May 21, 2010

State Housing Agency Creates Lender Advisory Council

Housing leaders welcome feedback from lending community

April 29, 2010

State's Chief Affordable Housing Official Announces New Preservation Initiative

New federal financing resources to help increase affordable rental housing

February 27, 2010

State Awards $15.4M to Help Homeowners, Landlords Afford Home Repairs

Two programs serve low-income residents, create jobs

February 10, 2010

New State-funded Affordable Housing for Seniors Opens in Chicago

New Development Features Senior Center for Residents, Neighborhood

January 30, 2010

Governor Quinn Announces Funding for Supportive Living Facility in Marion

Public-Private Financing Effort Allows Construction to Start

January 14, 2010

New Web site creates Illinois 'hub for housing'

Free to search, free to list properties

January 5, 2010

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2009 Press Releases

State-funded Affordable Housing for Seniors Breaks Ground in South Suburbs

Lake Pointe Landing Phase II will allow residents

December 17, 2009

New State‐funded Supportive Housing for Seniors Opens in Chicago

New Lakeview Development Provides Independence and Care

December 17, 2009

State-funded Program Helps Increase Housing for Illinois' Homeless

Non-profit groups complete training to build supportive housing in Cook, Winnebago, Rock Island, LaSalle, St. Clair and Union Counties

December 9, 2009

$1.4M Grant to Provide Free Foreclosure Mitigation Counseling to Struggling Homeowners

November 20, 2009

State Helps Create Homes, Support Services for Homeless Veterans in E. St. Louis

New Development Set to Open Will Help Vets Achieve Stability

November 6, 2009

Governor Quinn Launches Down Payment Program

Program to Help First-time Buyers Achieve Homeownership

October 30, 2009

IHDA Board Appoints Deputy Executive Director

State's Former Director of Debt Management Brings Extensive Finance Experience to Agency

October 16, 2009

IHDA Urges First-Time Homebuyers to Take Advantage of Home Start Advance Loan

Must Close Before December 1, 2009 to Qualify for Advance Loan on Federal Credit

October 10, 2009

State Funding to Help Persons with Disabilities Stay in Their Own Homes

Home Modification Grants Enable IL Residents to Maintain Independence

September 28, 2009

IHDA Board Appoints Governor's Former Deputy Chief of Staff as Executive Director

Gloria L. Materre brings strong housing, development experience to position

September 18, 2009

Joliet residents to benefit from new state funded affordable housing

Liberty Meadow Estates residents have unique opportunity to rent-to-own

August 26, 2009

State-funded supportive housing for people who are homeless or with disabilities opens in Springfield

Reconstruction of former abandoned motel brings

August 18, 2009

Governor Quinn Announces Outreach Event to Help Struggling Homeowners

Homeowners can apply onsite for lower payments through loan modifications on August 29

August 15, 2009

New loan to help first-time IL homebuyers

Home Start advances $8,000 federal tax credit to help with down payment

July 22, 2009

Quinn Administration Launches Mortgage Relief Project to Assist Homeowners with Troubled Mortgages

State teams up with legislators to help residents avoid foreclosure

June 23, 2009

New affordable housing for seniors opens

Second state-financed Springfield development at Timberlake Estates

May 1, 2009

Statewide Program to Award $15M to Help Low-Income Residents Afford Rent Payments

Illinois starts second year of Rental Housing Support Program

April 7, 2009

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