2021 Homeowner Assistance Fund

 

Homeowner Assistance Fund

Illinois homeowners who have fallen behind on payments due to the pandemic can soon seek support from a new homeowner assistance program provided by the Illinois Housing Development Authority (IHDA). IHDA will offer the Homeowner Assistance Fund (HAF) and the program will offer up to $30,000 in assistance to approved applicants.

Created by the American Rescue Plan Act, HAF is a new program designed to prevent mortgage delinquencies and defaults, foreclosures, loss of utilities or home energy services and displacement of homeowners experiencing financial hardship after January 21, 2020. Approximately $387 million in emergency assistance will be available to Illinois homeowners.

Update: We are aiming to launch a statewide Housing Assistance Plan (HAF) for homeowners by the end of the year or early next. While we had planned for a fall 2021 launch, the state of Illinois, as well as many other states and tribal nations, are still awaiting program approval from the U.S. Department of Treasury. We will continue to post updates here as they become available.

 

HAF Public Comment Period

The HAF public comment period ended on Friday, June 18. We thank everyone who provided their comments.  Please continue to check this page for HAF program updates.