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  • Construction Kicks Off for New Affordable, Barrier-Free Housing in Cook County

 

Welcome to IHDA’s resource center for media professionals and others interested in the Authority’s news and events. IHDA offers a variety of resources to keep you up to date on current, future, and past happenings with IHDA and in the affordable housing industry.

 

Members of the media should direct all requests and inquiries to:

Amy Lee
Director, Communications

E-mail: alee@ihda.org

Phone: (312) 836-5264

Andrew Field
Deputy Director, Communications

E-mail: afield@ihda.org

Phone: (312) 836-5335

If you are requesting information under the Freedom of Information Act (FOIA), please see the FOIA section.

2021 News Releases

Construction Kicks Off for New Affordable, Barrier-Free Housing in Cook County

State Financing will Provide 16 Apartments with Supportive Services to Increase Independence and Quality of Life for Residents

June 2, 2021

 

Joint Statement from Illinois Housing Development Authority and Chicago Department of Housing on Available Emergency Rental Assistance

June 1, 2021

 

Pritzker Administration Awards $29 million in Tax Credits for Affordable Housing

Federal Incentive Will Create 1,229 Units for Families, Seniors and Individuals with Disabilities

May 21, 2021

 

Governor Pritzker Announces $1.5 Billion in Housing Assistance for Illinois Renters and Landlords Hit Hardest by COVID-19

State to Provide an Additional $400 Million in Mortgage Assistance

Governor Signs HB 2877 Reaffirming Administration’s Commitment to
Housing Stability. 

May 17, 2021

 

Illinois Housing Development Authority Completes State’s First Single Family Social Bond Transaction

Designation Recognizes Long Track Record of Responsible Investments that Promote Inclusive Economic Growth

February 18, 2021

 

Illinois Housing Development Authority Releases Application for $8 Million to Strengthen Neighborhoods

Abandoned Residential Property Municipality Relief Program (APP) Round 5 Provides Relief for the Maintenance and Demolition of Abandoned Properties

January 21, 2021

 

Pritzker Administration Awards $40 Million to Increase Housing Opportunities for Vulnerable Residents

State investment will improve housing options and quality of life for households at risk of homelessness or institutionalization

January 15, 2021

 

2020 News Releases

Pritzker Administration Provides $10 Million in Community Revitalization Grants

Strong Communities Program Will Assist 68 Municipalities, Counties and Land Banks in Affordable Housing Creation and Community Development Efforts

December 21, 2020 

 

Pritzker Administration Launches Two New Homebuyer Assistance Programs

Student Loan Repayment and Down Payment Programs Help Overcome Barriers to Homeownership

December 1, 2020 

 

Illinois Housing Development Authority Releases Applications for $10 Million in Community Revitalization Grants

Strong Communities Program Provides Assistance to Municipalities, Counties and Land Banks for Affordable Housing and Community Development Efforts

August 25, 2020 

 

Pritzker Administration Launches $150 Million in Emergency Mortgage Assistance

Applications Now Available to Help 10,000 Homeowners at: ema.ihda.org

August 24, 2020 

 

Pritzker Administration Extends Deadline to Apply for Emergency Rental Assistance

Applications for Rental Assistance now Available until August 28th at era.ihda.org

August 18, 2020

 

Governor Pritzker Launches Largest Emergency Housing Assistance Programs in the Nation

 Over $300 Million for Rent and Mortgage Relief Will Help 40,000 Households Impacted by COVID-19

August 10, 2020

 

Pritzker Administration Awards $26 million in Tax Credits for Affordable Housing

Federal Incentive Will Create 1,188 Units for Families, Seniors and Individuals with Disabilities

July 17, 2020

 

Pritzker Administration Launches Program to Reduce Housing Insecurity for Justice-Involved Individuals

State funding will provide housing placement and rental assistance for 75 participants to aid their transition to the community

July 15, 2020

 

Pritzker Administration Provides Nearly $4 million for Housing Counseling

Grants Increase Capacity for Counselors to Provide Free Financial Education and Foreclosure Intervention Assistance

May 15, 2020

 

Pritzker Administration Awards $11 Million in Home Rehabilitation Grants

The Single Family Rehabilitation Program Provides Grants to Low-Income Homeowners to Make Necessary Repairs

April 16, 2020

 

Illinois Housing Development Authority Expands Housing Options For Vulnerable Populations

State Investment will create or preserve 172 units of affordable housing with supportive services

January  17, 2020

 

2019 News Releases

IHDA Joins Local Leaders to Open New Senior Housing in Cary

State investment brings 62 affordable apartments to McHenry County

December 3, 2019

 

Pritzker Administration Announces Community Revitalization Grant Recipients

IHDA provides over $600,000 to downstate, southern IL communities

November 15, 2019

 

State Expands Affordable Housing Options for Morgan County Seniors

Prairie Estates provides 23-Units of Affordable Housing for Seniors in Jacksonville

October 24, 2019

 

State Creates 46 New Affordable Homes for Greene County Families

Hopkins Estates and Tiger Trace replace two outdated era public housing developments with new, modern homes

October 24, 2019

 

IHDA Board Names Affordable Housing Expert Kristin L. Faust New Executive Director

October 21, 2019 

 

Illinois Housing Development Authority Announces Additional $2,500 Closing Cost Grant to be Used with Existing Programs

First-time and repeat homeowners can now receive up to $12,500 in assistance to purchase a home in Illinois

August 12, 2019

 

16-Unit Supportive Housing Development Opens in Northlake

State investment provides permanent housing and supportive services to help individuals with disabilities to live independently

June 7, 2019

 

Illinois Housing Development Authority Awards $28 million in Tax Credits for Affordable Housing

Federal Tax Incentive Will Support the Construction and/or Rehabilitation of 25 Affordable Housing Developments creating 1,864 units for families, seniors and individuals with disabilities

May 17, 2019

 

Illinois Housing Development Authority Announces $8.1 million in Community Stabilization Grants

The Abandoned Residential Property Municipality Relief Program (APP) Provides Assistance for the Maintenance and Demolition of Abandoned Properties

May 17, 2019

 

Illinois Housing Development Authority Announces Application Deadline for the Hardest Hit Program

Homeowners have less than one week to apply for $35,000 in mortgage payment assistance before the program closes on April 30

April 24, 2019

 

Illinois Housing Development Authority Awards $3 Million for Home Accessibility Program

Program provides grants to seniors and persons with disabilities to make necessary repairs that will allow them to remain in their homes

April 19, 2019

 

Illinois Housing Development Authority Launches New Initiative to Attract Bond Investors in 2019

New investor relations website seeks to increase investor demand for IHDA’s municipal bonds

February 8, 2019

 

2018 News Releases

New Senior Housing Development Opens on Chicago’s Near West Side

The McCrory Senior Apartments delivers 62 modern apartments across ten formerly vacant lots

November 13, 2018

 

Critically Needed Senior Housing Coming to McHenry County

Construction underway in Cary to provide 62 affordable apartments for low-income seniors

September 6, 2018

 

Construction Underway to Transform Garfield Elementary School into Affordable Senior Housing

Shuttered school will be redeveloped into 57 apartments for low- and moderate-income seniors

June 21, 2018

 

New Affordable Housing Breaks Ground in Cass County

Construction underway on 20 single-family rental homes for working families in Virginia, Illinois

May 24, 2018

 

Illinois Housing Development Authority Awards $26.4 million in Federal Tax Credits to Finance Affordable Housing Across Illinois

Federal Tax Incentive Will Support the Construction and Rehabilitation of 1,327 Affordable Apartments in 15 Counties

May 18, 2018

 

Illinois Housing Development Authority Receives Upgraded Bond Rating from Moody’s Investors Service

Ratings Agency Cites Long Track Record of Sound Financial Management and Planning

May 18, 2018

 

Leavitt Apartments, the First of Their Kind in Illinois, Officially Open

State investment provides permanent homes and supportive services for six individuals with disabilities

January 11, 2018

 

2017 News Releases

IHDA Awards $22.5 Million in Federal Tax Credits

The Low-Income Housing Tax Credit Program Will Support the Construction and Rehabilitation of 1,442 Affordable Apartments Statewide

September 29, 2017

 

Federal Program Offers $35,000 to Assist Seniors Struggling with Reverse Mortgages

Illinois’ Reverse Mortgage Assistance Program helps senior homeowners with reverse mortgages avoid foreclosure

April 4, 2017

 

Federal Program Offers $50,000 to Homeowners with Underwater Mortgages

Illinois’ I-Refi program provides $50,000 in forgivable assistance to help borrowers reduce what they owe on their mortgage and refinance into new affordable loan

February 2, 2017

 

2016 News Releases

Governor Rauner Signs Bipartisan Legislation to Extend the Illinois Affordable Housing Tax Credit

SB2921 encourages donations of private capital to finance affordable housing developments across Illinois

December 20, 2016

 

Illinois Housing Development Authority Awards Federal Tax Credits to Increase Affordable Housing Statewide

30th Year of the Low-Income Housing Tax Credit Program Will Support the Construction and Rehabilitation of 784 Affordable Apartments across Illinois

September 30, 2016

 

Illinois Housing Development Authority Announces Re-Opening of its Mortgage Assistance Program to Help Homeowners Avoid Foreclosure

Up to $35,000 in Mortgage Assistance Available to Qualifying Homeowners

July 22, 2016

 

Illinois Housing Development Authority Announces Refinance Program for Underwater Homeowners

Illinois’ I-Refi Program Provides $50,000 in Mortgage Assistance to Help Responsible Borrowers Refinance into an Affordable Loan

July 12, 2016

 

Illinois Receives $269 million in Federal Hardest Hit Funds to Continue Assistance to Struggling Homeowners and Stabilize Communities
More struggling homeowners and communities in Illinois affected by foreclosures will receive financial assistance as a result of the U.S. Department of the Treasury’s announcement today to allocate an additional $151 million in Hardest Hit Funds (HHF).

April 20, 2016

 

Illinois Housing Development Authority Awards Federal Tax Credits to Finance Affordable Housing Statewide
The Illinois Housing Development Authority (IHDA) Board of Directors on April 15 awarded $12.2 million in federal Low-Income Housing Tax Credits (LIHTC) to 11 affordable housing developments in eight counties across the state.

April 19, 2016

 

IHDA Annual Report Fiscal Year 2015
IHDA unveils its first all-digital annual report. Click the read more below to see our highlights from Fiscal Year 2015.

March 21, 2016

 

Federal Dollars Put to Work
The Illinois housing market closed on a high note, with December posting increases in both sales and median prices.

March 21, 2016

 

Illinois Housing Development Authority Board Names New Executive Director
The Members of the Illinois Housing Development Authority (IHDA) today voted to appoint Audra Hamernik as the new executive director of the state’s housing finance agency.

February 19, 2016

 

2015 News Releases

Thirteen Developments Receive Federal Tax Credits to Boost Affordable Housing in Illinois

Federal Tax Incentive Will Support the Construction and Rehabilitation of 860 Affordable Apartments Statewide.

October 20, 2015

 

IHDA Launches Mortgage Program to Boost Homebuying in Hardest Hit Areas and Stabilize Communities

$30 Million in Federal Resources to Fund Down Payment Assistance for First-Time Buyers in Illinois.

August 4, 2015

 

Governor Rauner Outlines Plan for Transformation at Annual Affordable Housing Conference

Addresses Housing Industry Leaders on Job Creation, Education and Delivering Value for Taxpayers throughout the State.

April 1, 2015

 

Illinois Housing Development Authority Announces New Mortgage Program for Home Buyers and Owners

@HomeIllinois Mortgage Provides $5,000 in Down Payment Assistance and Customizable Loans to Make Homeownership Affordable for All Borrowers.

March 3, 2015