Overview

The Illinois Housing Development Authority (IHDA) is requesting applications for funding under the Preservation Limited Rehabilitation Program 2.0 (Preservation 2.0). This program will be similar to the Capital Bill Preservation Limited Rehabilitation Program created in 2022 and will provide subordinate financing to IHDA-assisted developments that have outstanding capital improvement needs that cannot be met using existing reserves. Approximately $30 million in preservation grant funds are available.

All prospective applicants should review the Request for Applications and accompanying Application Workbook. You may read more in the Preservation 2.0 Management Bulletin.

Preservation 2.0 Request For Application (RFA)​

Preservation 2.0 Application and PNA Supporting Documents

Preservation 2.0 Recorded Information Session

You may watch a recording of the session held on March 18 by clicking on the link below.

IHDA Connect​

To request an account for IHDA Connect and a PID, please click here or visit https://ppa.ihda.org to fill out the online form. Here you will be able to list members of your development team to which you would like to grant access to interact with the PID.  Please allow up to three business days to receive confirmation that the account and/or PID has been created. If you have not received your account information within three business days, please reach out to IHDAconnecthelp@ihda.org.

If you have an IHDA Connect account and have forgotten your password, please use the self-service password reset option beneath the credential fields at https://connect.ihda.org.

Frequently Asked Questions