Multifamily Developer
 

Financing Quality Affordable Rental Housing

IHDA’s Multifamily Financing and Asset Management departments are responsible for the development and preservation of quality affordable rental housing throughout Illinois. We provide innovative and cost-effective financing options to public, private and not-for-profit developers to build and rehabilitate affordable multifamily developments.

IHDA is committed to creating strategic partnerships, and investing resources to improve the quality and affordability of housing in the state as well as the quality of life for residents.

Please explore the financing options detailed in this section and contact us for more information.

 

 


WEEKLY MULTIFAMILY DEVELOPER RATES FOR IMMEDIATE FUNDING*

Tax-Exempt program

30-year tax-exempt bond pass-through rate

4.28%

Taxable Program

Affordable Advantage 10/30-year pass-through rate

3.88%

Credit Advantage 10/30-year pass-through rate

4.38%

*Rates are examples based on best credit execution and are subject to change. IHDA assumes no liability for any error resulting from use. Servicing, guarantee and applicable fees are not included.

 

Last updated: May 16, 2013 - 9:30am