| Program Name: | IHDA Homebuyer Programs | |
| Organization: | Illinois Housing Development Authority | |
| Address: | 111 E. Wacker Dr., Suite 1000
Chicago, IL 60640 |
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| Phone: | 312-836-5200 | |
| Fax: | ||
| TDD: | ||
| Email: | ||
| Website: | https://www.ihdamortgage.org/homebuyers | |
| Application Deadline: rolling | ||
| Program Start Date: | ||
| Program End Date: | ||
| Application Guidelines: | ||
| All program funding and availability is subject to change at any time, and is not guaranteed until the lender places a complete reservation with IHDA Mortgage. Potential borrowers must meet all applicable program guidelines and income/purchase price limits for the county the property is located in to be eligible. Detailed program guidelines and requirements can be found in the procedural guide posted in the IHDA Document Library. | ||
| Briefly Describe the Purpose of the Program | ||
| IHDA has several programs targeting homebuyers. All homeownership programs require financial and homeownership counseling. Four (4) down payment assistance programs offering $6,000-$10,000 down payment assistance with differing terms and conditions. | ||
| Year Program Established: | ||
| Eligibility Requirements or Restrictions | ||
| Household income caps vary per program. | ||
| Funding Cap Per Application or Fiscal Year Program Funding: | ||
| How Must Funds Be Used: | ||
IHDA Homebuyer Programsadmin_iira2023-09-06T18:06:18-05:00