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
The Strong Communities Program is designed to support local revitalization efforts and attract further investment in communities that may lack the resources needed to tackle vacant, abandoned and deteriorated properties. #revitalization
The PSH Development Program was created to increase the community-based housing options available to vulnerable populations who have historically faced barriers to stable housing. #housing
Originally launched in Dec. 2020, Opening Doors assisted more than 5,800 first-time and repeat homebuyers with $35 million in Rebuild Illinois capital funds.
New law aims to expand affordable housing through $75 million investment, tax credits - Gov. JB Pritzker on Thursday signed a measure aimed at increasing affordable housing investment in Illinois, as well as a measure expanding the state’s low-income energy assistance program.