- Application for Multifamily Financing
- Low-Income Housing Tax Credits (LIHTC)
- Illinois Affordable Housing Tax Credit (IAHTC)
- Federal HOME funds
- Illinois Affordable Housing Trust Fund
- MPC Program
- New Issue Bond Program (NIBP)
- Bonds
- CDBG Disaster Recovery Program
- Permanent Supportive Housing Development Program
- Long Term Operating Support Program (LTOS)
- Recently Approved Projects
- Architecture and Construction Services
- Program Timelines
- Market Research
- For Owners:
- LIHTC Compliance Monitoring
- Loan Modifications and Ownership Changes
Bonds
The Illinois Housing Development Authority (IHDA) is empowered to issue tax-exempt and taxable bonds to provide construction and permanent financing for multifamily rental developments. The program offers developers low-interest rate construction and permanent loan financing through one application process. New construction, rehabilitation and refinance loans are considered on a case-by-case basis. Proposed developments wholly owned by non-profit organizations may be eligible for 501(c)(3) bonds.
Program rules and guidelines
Authority Rules governing the Bond programs are found in the Illinois Administrative Code, Title 47, Chapter II, Part 365.
Applying for bonds
For information about applying for Bonds, please see the Application for Multifamily Financing page and Program Timelines page.