At IHDA, we believe every person, regardless of illness or limitation, should have the freedom to choose to live as independently as possible in settings appropriate to their own personal needs and preferences. That is why we commit significant resources to the development of permanent affordable housing that offers elective supportive services that allow residents to achieve long-term housing stability. In fact, 2,200 units (15%) of IHDA’s production over the last five years has been supportive housing.
If you are interested in developing supportive housing but don’t know where to begin, check out the tools and resources in the side bar for assistance.
Permanent Supportive Housing Development Program Round V Update
The Illinois Housing Development Authority (“the Authority”) is currently accepting applications under Round V of the Permanent Supportive Housing Development Program. Applications are due by July 20, 2018 at 5:00 p.m. This announcement is provided as an update to information found on Page 8 of the Request for Applications (“RFA”). If you have any question regarding this announcement, please contact Sam Mordka at 312.836.7346.
The Authority recognizes that there are limited outside capital resources available and encourages financially feasible projects, that include either 50% or 60% AMI unassisted units, to apply under this RFA. In connection with the RFA, the Authority will 1.) evaluate the projects for additional capital to fund the higher AMI units and/or 2.) evaluate projects for either Section 811 Project Rental Assistance or Long Term Operating Support. The Authority may, in its sole discretion, make awards that are contingent upon the sponsor receiving other outside capital resources (i.e. FHLB, RHI vouchers) post award.