Illinois Housing Development Authority

Illinois Housing Development Authority IHDA finances the creation and preservation of affordable housing.

Illinois Housing Development Authority announces $16 Million funding opportunity! The Home Repair and Accessibility Prog...
02/06/2025

Illinois Housing Development Authority announces $16 Million funding opportunity! The Home Repair and Accessibility Program (HRAP) is aimed at helping working families enhance their homes for health, safety, accessibility, and energy efficiency. Local governments and nonprofit organizations have until March 14 to apply to administer this vital program! Learn more: https://ow.ly/L2hk50UVa7j

Join the discussion: Interested organizations can attend the upcoming webinar at 10:30 a.m. (CST) on Monday, February 10 to learn how to administer this vital program. Register Now! https://ow.ly/oYEO50UVa7h

Last week, Illinois Housing Development Authority Executive Director Kristin Faust was named "Woman of the Year" by the ...
02/05/2025

Last week, Illinois Housing Development Authority Executive Director Kristin Faust was named "Woman of the Year" by the Illinois Chapter of the Women's Affordable Housing Network-WAHN. This award recognizes Executive Director Faust's leadership in championing equity and inclusion across Illinois, as well as IHDA's commitment to creating pathways for women and others in affordable housing, both within IHDA and throughout the industry. This work includes the Next Gen Capacity Building Program for emerging housing developers, management training and educational reimbursement programs for staff, and other efforts that have empowered IHDA staff, stakeholders, and partners to grow and succeed in affordable housing.

Congratulations to Executive Director Faust and everyone who has supported IHDA initiatives over the years as we continue to create meaningful change throughout Illinois!

Today, staff from Illinois Housing Development Authority helped celebrate the grand opening of Greenhaven Apartments in ...
02/04/2025

Today, staff from Illinois Housing Development Authority helped celebrate the grand opening of Greenhaven Apartments in Palatine. This wonderful development offers 58 new, affordable units for incomes ranging from 30 to 80 percent of the Area Median Income in the northwest suburbs of Chicago. To help make this development a reality, IHDA provided financing in the form of Low-Income Housing Tax Credits, Section 811, a Risk-Share loan, and additional soft funds. Each unit is furnished with modern amenities and residents will have access to a community room, fitness center, playground for children, and an outdoor terrace and grill area.

Thanks to Lutheran Social Services of WI & Upper MI, Northpointe Development, BMO U.S., Hudson Housing, Cook County Government, FHLBank Chicago, and many other housing partners for fighting to create more affordable housing opportunities in Illinois. Congratulations!

Are you a resident of Illinois dreaming of owning your own home? Look no further! Our IHDA Mortgage programs are designe...
01/23/2025

Are you a resident of Illinois dreaming of owning your own home? Look no further! Our IHDA Mortgage programs are designed to support your homeownership goals. From down payment assistance to valuable resources, we're here for you every step of the way.
Visit https://ow.ly/jOTf50Rnr9p to learn more and start your journey towards homeownership today!

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🏠¿Es usted residente de Illinois y sueña con tener su propia casa? Buenas noticias! Nuestros programas de IHDA Mortgage está diseñados para apoyar sus objetivos de propiedad de vivienda. Desde asistencia para el pago inicial hasta recursos valiosos, estamos aqui para ayudarlo en cada paso del camino.
Visite: https://www.ihdamortgage.org/contact

📚💰 Struggling with student loans and dreaming of homeownership? The SmartBuy program might be your solution! 🏡✨ Discover...
01/22/2025

📚💰 Struggling with student loans and dreaming of homeownership? The SmartBuy program might be your solution! 🏡✨ Discover how you can ease financial burdens and take steps toward owning your dream home. Share this with anyone who could use a helping hand! Limited funds available, so share with anyone who needs this boost! https://ow.ly/Qt8j50UL9V4

⏳ Time is running out! Development teams are encouraged to apply NOW for the 2025 Supportive Housing Institute (SHI)! 🏡✨...
01/20/2025

⏳ Time is running out! Development teams are encouraged to apply NOW for the 2025 Supportive Housing Institute (SHI)! 🏡✨ The Illinois Housing Development Authority (IHDA) & Corporation for Supportive Housing (CSH) are offering valuable resources to help you create affordable housing with supportive services. Don’t miss your chance—applications close at 11:59 p.m. CST on January 22, 2025! Apply today and be part of the solution!
https://ow.ly/j8T250UGwWS

Interested in affordable housing development or advancing your skills? Enroll in the Community Empowerment Workshop seri...
01/20/2025

Interested in affordable housing development or advancing your skills? Enroll in the Community Empowerment Workshop series by Chicago Rehab Network. Tailored for housing development staff, government employees, and more. If you're outside the Metropolitan Chicago area, don't miss out on LIVE online classes. In-person option wait-list also open!
Visit the link for more info and to sign up today! https://ow.ly/YRK950UgQP2

IHDA office will be closed on Monday, January 20, in observance of Martin Luther King Jr. Day.
01/17/2025

IHDA office will be closed on Monday, January 20, in observance of Martin Luther King Jr. Day.

Groundbreaking Alert! 🚧 Today, IHDA celebrates the start of Deerfield Supportive Living! This incredible new development...
01/16/2025

Groundbreaking Alert! 🚧 Today, IHDA celebrates the start of Deerfield Supportive Living! This incredible new development will offer 147 affordable, supportive housing units for seniors and persons with disabilities on the North Shore. IHDA provided Low-Income Housing Tax Credits and Illinois Donation Tax Credits to help make the development financially feasible. Imagine residents enjoying a full kitchen serving daily meals, wellness center, and beautiful shared spaces!

Thanks to Celadon Partners, Cook County, the Village of Deerfield, and many other affordable housing supporters and stakeholders for helping see this development come to fruition. Congratulations!

⏳ Time is running out! Development teams are encouraged to apply NOW for the 2025 Supportive Housing Institute!🏡 IHDA an...
01/15/2025

⏳ Time is running out! Development teams are encouraged to apply NOW for the 2025 Supportive Housing Institute!🏡 IHDA and CSH are offering valuable resources to help you create affordable housing with supportive services. Don’t miss your chance, applications close at 11:59 p.m. CST on January 22! Apply today! https://ow.ly/j8T250UGwWS

IHDA is hiring interns! We are looking for passionate individuals ready to dive into paid internships focused on afforda...
01/14/2025

IHDA is hiring interns! We are looking for passionate individuals ready to dive into paid internships focused on affordable housing. This is your chance to join a mission-driven team, gain hands-on experience, and network with industry leaders.

Explore all openings and apply today: https://ow.ly/elsI50UEXt6

🏠✨ Exciting News! IHDA and CSH are now accepting applications for the 2025 Illinois Supportive Housing Institute! Join o...
01/03/2025

🏠✨ Exciting News! IHDA and CSH are now accepting applications for the 2025 Illinois Supportive Housing Institute! Join our informational webinar on January 7 to learn more! Over 4 months, teams will receive essential training for impactful housing project proposals.

Don’t miss this chance to build strong partnerships. Teams should include a developer, property management partner, supportive services partner, and ideally a person with lived experience. Together, we can create sustainable supportive housing solutions!

📅 Apply by: January 22, 2025 at 11:59 PM
🔗 Register here: https://ow.ly/3rGx50UzBuo

12/24/2024
Today, IHDA Executive Director Kristin Faust joined Governor JB Pritzker and other housing stakeholders for the signing ...
12/11/2024

Today, IHDA Executive Director Kristin Faust joined Governor JB Pritzker and other housing stakeholders for the signing of an executive order to explore how Illinois can accelerate plans to expand the supply and access of housing for working families. One of the first steps in this initiative is the relaunch of the SmartBuy homebuyer assistance program.

SmartBuy offers an affordable 30-year fixed rate first mortgage with $5,000 in deferred down payment and/or closing cost assistance. In addition, the program provides up to $40,000 in student loan relief to borrowers buying a home in Illinois. Potential applicants must have at least $1,000 in student loan debt and must pay off their full remaining student loan debt balance, if more than $40,000, at closing.

SmartBuy requirements, select network of lenders, and additional program information can be found online at https://ow.ly/Jzsq50Upnsu.

12/10/2024

🎉 Congrats to our first Next Gen cohort! After months of hard work, dedication, and training in the LIHTC program, our inaugural cohort has successfully completed their final presentations! We are excited to witness their future contributions to affordable housing.

💡 As trends in affordable housing evolve, emphasizing innovation, diversity, and access to capital is essential for emerging leaders to be equipped with the right tools for success.

🌟 Applications for the Next Gen 2025 Cohort close on December 13! Don’t miss out on this opportunity:https://ow.ly/UusT50Uoz1J

Address

111 E. Wacker Drive, Ste. 1000
Chicago, IL
60601

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

Telephone

+13128365200

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