Illinois Affordable Housing Tax Credit (IAHTC) Program

  • Illinois Housing Development Authority (IHDA)
  • 401 N. Michigan Ave., Suite 700
  • Chicago, IL 60611
  • Phone: (312) 836-5200
  • Fax: 312-832-2170
  • Website:

Purpose of the Program

Provides non-profit  corporations with assistance by allowing private and corporate donations toward affordable housing properties at 50 cents per state dollar in state taxes.  Can be used for purchasing, rehab, construction, financing, technical assistance, and general quality support.  Rental projects require 25% of units to be at 60% area median income.  Employer assisted housing (EAH) can go up to 120% area median income.  Donations can be real property. Must be secured within 12 months.

Who is Eligible

see guidelines

Application Process

see website

Availability of Funds

see guidelines

How Funds are to be used

see above

Types of Assistance

tax credit

Year Program was established