- Illinois Housing Development Authority
- 111 E. Wacker Drive, Suite 1000
- Chicago, Illinois, 60601
- 312-836-5263
- Email: RHSP@ihda.org
- Website Link:
Purpose of the Program
IHDA administers the State-funded rental assistance program through local administering agencies (LAA), targeting households at 30% area median income or below, with 50% targeted at 15% area median income or below. Funded in 3-year cycles. A provision also encourages assistance of up to 30% of tenants as special needs populations (homeless/at-risk of homelessness, persons with disabilities, persons in danger of going into or residing in a nursing home or similar facilities). The Long Term Operating Support (LTOS) component of RHSP (minimum of 10% of each year’s allocation) more directly targets affordable housing being developed or recently developed. The City of Chicago receives a statutory sub-allocation each year (43%).
Who is Eligible
Households at 30% area median income or below with 50% at 15% area median income or below
Application Process
See additional details on IHDA’s website at www.ihda.org or contact IHDA at RHSP@IHDA.org
Availability of Funds
Funding varies on annual award amounts
How Funds are to be used
Fund must be used for rental assistance only
Types of Assistance
Grants
Year Program was established
2005