illinois housing development authority

State officials said the program is designed to help communities re vitalize distressed neighborhoods, create new housing opportunities, and spur local economic growth. #chicago #housing #vacantlots

The bill expands affordable housing and reentry services for people leaving Illinois prisons, aiming to improve long-term outcomes by reducing homelessness and recidivism. #bill #housing #prison

The funds, awarded to 30 housing counseling agencies across the state, aim to help residents build credit, understand the homebuying process, and maintain long-term financial stability. counseling

The initiative, known as Next Gen, offers both for-profit and nonprofit developers specialized training in the Low-Income Housing Tax Credit (LIHTC) program — a key federal tool used to finance affordable housing projects. #housing

“This development doesn’t just provide quality housing. It restores hope, stability, and opportunity to families while transforming once-abandoned property into a cornerstone of community pride.” #development

The latest domestic policy plan signed by President Donald Trump on July 4 will increase available funding by 12% for a key tax credit used by developers to offset a portion of construction costs. #housing

Our latest legislative session has begun in Springfield and we soon will be busy debating and passing legislation that affects our district and state. #op-ed

Next Gen is an opportunity for emerging developers across Illinois to gain knowledge in the Low-Income Housing Tax Credit (LIHTC) industry by providing access to affordable housing development training and project-specific technical assistance. #housing

IHDA has not created an advertisement for Section 8 housing, and it does not endorse any such solicitation... #ihda

The launch of the Next Gen initiative builds on several steps taken by IHDA to increase diversity among affordable housing developers participating in the state's LIHTC program. #affordablehousing