The Illinois Housing Development Authority (IHDA) is currently accepting applications from homeowners to eliminate or reduce past-due mortgage and property tax payments through the Illinois Homeowner Assistance Fund (ILHAF) program.
Donor Name: Illinois Housing Development Authority (IHDA)
State: Illinois
County: All Counties
Type of Grant: Grant
Deadline (mm/dd/yyyy): 05/31/2022
Size of the Grant: $30,000
Details:
The ILHAF program was established by the American Rescue Plan Act to help homeowners who have been financially impacted by COVID-19 with certain housing-related costs.
The program’s goal is to prevent:
- Mortgage issues like delinquencies, defaults, or foreclosures
- Loss of power services or other home utilities
- Homeowners being displaced or losing the ability to live in their home
Funding Information
Illinois homeowners experiencing financial hardship associated with the COVID-19 pandemic can apply for a housing assistance grant of up to $30,000.
Eligibility Criteria
Illinois homeowners may be eligible for ILHAF assistance if:
- The household has experienced a financial hardship directly or indirectly related to COVID-19 that began, continued, or worsened after January 21, 2020.
- The household is at least 30 days late on their primary/first mortgage payment, with one exception: homeowners without a mortgage may apply for assistance if they are behind on paying delinquent property taxes.
- The household has an income equal to or less than 150% of the Area Median Income.
- The household owns and currently lives in the home as its primary residence. Eligible properties include:
- Single-family properties
- Condominium units
- 1 to 4-unit properties where the homeowner is living in one of the units as their primary residence
- Manufactured homes permanently affixed to the property and taxed as real estate
- Mobile homes not permanently affixed to real property
For more information, visit Illinois Homeowner Assistance Fund.
