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What does the Illinois Housing Development Authority do?

What does the Illinois Housing Development Authority do?

OUR MISSION: Financing the Creation and Preservation of Affordable Housing in Illinois.

Can I get help paying my rent in Illinois?

Income-eligible renters in Illinois can get up to 15 months in rental assistance, regardless of immigration status. All programs will offer assistance with up to 12 months of unpaid or past due rent and up to 3 months of future rent.

Is Illinois Housing Development Authority a government agency?

IHDA was created by the state legislature in 1967 pursuant to the Illinois Housing Development Act as a self-supporting agency to finance affordable housing across Illinois. IHDA does not use taxpayer dollars to sustain its operations, although it does administer publicly funded programs on behalf of the state.

How long does it take to get approved for the Illinois rental Assistance Program?

have been approved for the grant and your landlord will receive the funds as soon as 10 business days after approval.

How do I get housing assistance in Illinois?

Households who need help in applying for rental assistance should contact an IDHS Service Provider Agency. Provider agencies will help you determine eligibility, walk you through the application process, and help you submit your application.

How do I check my Ihda status?

Statewide IHDA Illinois Rental Payment Program (ILRPP) program:

  1. Visit the IRPP application status website and enter your Application ID and zip code to check the status of your application.
  2. You can also contact the IHDA IRPP call center with questions at 866-454-3571 or [email protected].

How do I qualify for low income housing in Illinois?

How Do You Become Eligible And What Is the Application Process?

  1. *You must meet the income limits that HUD sets forth.
  2. *Must be a U.S. citizen or eligible immigrant.
  3. *Meet HUD’s definition of a family.
  4. *Pass a general screening to move forward to final underwriting approval.
  5. *Fill out and complete the written application.

What is the Illinois housing development agency?

IHDA was created by the state legislature in 1967 pursuant to the Illinois Housing Development Act as a self-supporting agency to finance affordable housing across Illinois. IHDA does not use taxpayer dollars to sustain its operations, although it does administer publicly funded programs on behalf of the state.

What does the Illinois Finance Authority do?

The Illinois Finance Authority is one of the largest issuers of private activity bonds in the nation.

What is the Illinois Housing Development Authority Board of directors?

The Illinois Housing Development Authority Board of Directors is a nine member board appointed by the Governor to provide guidance and direction for the state’s affordable housing programs.

How is the Illinois affordable housing tax credit program funded?

IHDA accomplishes its mission through a number of funding sources including the Illinois Affordable Housing Trust Fund, Illinois Affordable Housing Tax Credits, the allocation of federal Low-Income Housing Tax Credits and HOME Investment Partnership funds.