If you are interested in buying a vacant or foreclosed home, there may be acquisition and rehabilitation assistance available to you. Through a network of participating agencies, IHDA offers up to $5,000 in down payment or closing cost assistance and up to $20,000 in rehabilitation assistance to buyers of vacant properties in select counties throughout Illinois. Let us help you purchase and renovate your new home.
- Property must be a vacant, single family home in one of the select counties listed here
- Contribute $1,000 or 1 percent of the purchase price, whichever is greater
- Meet the income and purchase price limits
- Live in the home as your primary residence
This program is currently not receiving funding. Please check back at a future date for more information.
Need help finding a foreclosed property to buy? IHDA maintains an inventory of foreclosed properties throughout the state that are available for purchase . Please reach out to the listing agent for more assistance.