Latest News
Illinois Housing Development Authority Completes State’s First Single Family Social Bond Transaction
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.
Andrew Field
Deputy Director, Communications, Marketing and 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
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
Abandoned Residential Property Municipality Relief Program (APP) Round 5 Provides Relief for the Maintenance and Demolition of Abandoned Properties
January 21, 2021
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
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
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
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
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
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
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
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