Illinois Affordable Housing Trust Fund


Purpose of the Program

The Illinois Affordable Housing Trust Fund was established in 1989 to provide grants and loans for the acquisition, construction, development, rehabilitation, operation, insurance or retention of multi-family and single family developments or predevelopment expenses.

Funding for the Illinois Affordable Housing Trust Fund is appropriated by the Illinois General Assembly from state’s real estate transfer fee.

Who is Eligible

For more information please visit IHDA’s website at www.ihda.org or https://www.ihda.org/developers/soft-funds/

Application Process

For more information please visit IHDA’s website at www.ihda.org or https://www.ihda.org/developers/soft-funds/

Types of Assistance

Loans

Year Program was established

1989