Frequently asked questions

I own IHDA bonds. Who is the trustee to call for information relating to matters such as change of address, lost or misplaced bonds, estate questions, and the payment of principal and interest or redemption of the bonds?

The trustee contact is:
The Bank of New York Mellon Trust Company,
N.A. Institutional Trust Services
P.O. Box 2320 Dallas, TX 75221-2320
(800) 254-2826

Who can investors call if they have additional inquiries related to IHDA's bonds?

The issuer contact is:
Hazim Taib
Chief Financial Officer
(312) 836-5200

Are the bonds IHDA issues guaranteed by the State of Illinois?

No; IHDA is a self-supporting public Authority and independently sells bonds based on its own investment-grade credit rating and/or based on the credit of a third-party credit enhancer.

What is IHDA's credit rating?

Please see Rating Agency Reports.

For housing bonds, where would I find information regarding mortgage loans, maturity dates, prepayment lockouts, development locations, program type (i.e. Section 8, Section 236) and occupancy statistics?

Please see Disclosure Reports.

For homeowner mortgage revenue bonds (MRB), where would I find information regarding mortgage loans, pool policies, delinquency statistics, bond redemptions and purchases, CUSIPs and investment obligations?

Please see Disclosure Reports.

Are there plans to call any IHDA bonds early and/or is IHDA currently planning any bond refunding?

IHDA periodically reviews all of its outstanding bond issues for opportunities to lower its cost of funds. Any plans that IHDA may have to call bonds for redemption and/or or effectuate a refunding are subject to change and are considered preliminary until such time the Notice of Redemption or Refunding has been published by the trustee.