Illinois Housing Development Authority

DEADLINE - Friday, March 21. As the Illinois Housing Development Authority begins updating the 2026-2027 Qualified Allocation Plan, we have created a survey to gather valuable information that will help us make informed decisions on how to best improve the Low-Income Housing Tax Credit program in Illinois. Affordable housing developers, advocates, and other stakeholders have until a week from tomorrow to complete this important survey. We appreciate everyone who has already taken the time to complete the survey and provide their insights. You can access the survey at https://ow.ly/HGLP50VbpQv.

??? Attention HEARTLAND REALTOR ORGANIZATION members - Illinois Housing Development Authority representatives will be in Crystal Lake for the “Education Expo” next Tuesday, March 18. Our staff will provide in depth information on IHDA's down payment assistance programs that can provide up to $10,000 to help create new homeowners in Illinois! Heartland REALTOR? members can register online at https://ow.ly/V3Hx50VhwUX. Non-Heartland REALTOR? members are encouraged to register by calling 815-459-0600 or emailing [email protected].

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

???In 2024, the Illinois Housing Development Authority originated $970 million in first mortgages and provided $37.9 million in down payment assistance, helping a total of 5,116 individuals and families. IHDA could not have done this without the tremendous efforts of our lending community and their loan offers working to create more homebuyers in Illinois. ??In recognition of their efforts, IHDA is happy to announce our 2024 Lender and Loan Officer Award winners! In recognition of their efforts, IHDA staff will be traveling to every region to deliver their awards and congratulate the recipients. To view the full list of the 2024 Lender and Loan Officer Award winners, please visit IHDA Mortgage's website at https://ow.ly/n6IC50Ve4Cn. Congratulations winners!??

Calling all affordable housing developers, advocates, and other stakeholders! As the Illinois Housing Development Authority initiates the process of updating the Qualified Allocation Plan for 2026-2027, we have created a survey to begin to gather valuable data that will help us make informed decisions on how to best improve the Low-Income Housing Tax Credit program in Illinois. The Low-Income Housing Tax Credit is the largest tool for the creation of affordable housing, and we want to continue to provide safe, decent, and affordable housing to Illinois families, veterans, seniors, and others. Your feedback is essential as we continue to work together to help shape the future of affordable housing. You can access the survey at https://ow.ly/zg5N50VbpUA

Last week, Illinois Housing Development Authority Executive Director Kristin Faust met with the Rogers Park Builders Group to discuss affordable housing financing, the housing needs in Chicago and throughout the state, and the various programs IHDA administers to accomplish our mission. Executive Director Faust discussed how IHDA uses federal, state, and local resources to create additional affordable housing opportunities in and around Rogers Park. IHDA has 13 developments containing more than 1,000 apartments within the Rogers Park neighborhood. There is a good chance that many people have walked by an IHDA development at some point and not even realized it! Thanks again to the Rogers Park Builders Group and the NEIGHBORHOOD BUILDING OWNERS ALLIANCE for allowing IHDA the opportunity to educate their members on who we are and what we do.

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

Yesterday, Illinois Housing Development Authority Executive Director Kristin Faust joined the celebration of the grand opening of the Edith Spurlock Sampson and Sheffield Residences development in Lincoln Park. Originally built in 1965, IHDA helped finance the complete rehabilitation and modernization of the two existing 11-story residential towers and the construction of a new, six-story affordable housing development. Now completed, this development will provide 485 units of affordable housing for seniors and families close to restaurants, the CTA, and other conveniences. Thanks to our partners PIRHL and the Chicago Housing Authority for helping ensure this property will continue to offer below-market rents for another generation. Congratulations!

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

In honor of Presidents' Day, the Illinois Housing Development Authority will be closed this coming Monday, February 17. IHDA will reopen at 8:30 a.m. on Tuesday, February 18.