Explore smarter ways to invest. IHDA is proud to join the Real Estate Investor Palooza, where strategy meets community. Connect with Rosie Verdin, IHDA’s Manager of Lender Relations and Marketing, and explore how we support responsible investment across Illinois. Register here: https://lnkd.in/gS23UKDH #IHDA #InvestorPalooza #IllinoisHousing #RealEstateInvesting
Illinois Housing Development Authority
Real Estate
Chicago, IL 9,931 followers
Financing the Creation and Preservation of Affordable Housing in Illinois
About us
The Illinois Housing Development Authority (IHDA) finances the creation and preservation of affordable housing in Illinois. IHDA was created by the state legislature in 1967 as a self-supporting agency to finance affordable housing across Illinois. IHDA does not use taxpayer dollars to sustain its operations, although it does administer publicly funded programs on behalf of the state. Since its creation, IHDA has provided more than $15 billion to finance a quarter million affordable homes. IHDA accomplishes its mission through a number of funding sources including the Illinois Affordable Housing Trust Fund, Illinois Affordable Housing Tax Credits, the allocation of federal Low-Income Housing Tax Credits and HOME Investment Partnership funds. IHDA is also a bonding authority and independently sells bonds, based on our strong credit rating of A1/AA-/AA- from Moody’s Investors Service, Standard & Poor’s and Fitch Ratings respectively. We partner with lenders, developers, local government, nonprofits, community groups and others to deliver low-cost financing programs. We provide financial assistance to low- and moderate-income homebuyers and homeowners, offer resources to developers who build or preserve affordable and mixed-income rental housing and provide oversight for hundreds of affordable rental communities across the state.
- Website
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http://www.ihda.org
External link for Illinois Housing Development Authority
- Industry
- Real Estate
- Company size
- 201-500 employees
- Headquarters
- Chicago, IL
- Type
- Government Agency
Locations
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Primary
111 E. Wacker Drive
Suite 1000
Chicago, IL 60601, US
Employees at Illinois Housing Development Authority
Updates
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🔔 Reminder: IHDA's October Board Meeting is today at 11:00 a.m. 🏠 Learn how IHDA supports financing the creation and preservation of affordable housing across Illinois. 📺 Watch live: https://ow.ly/QlcC50WcWSw #AffordableHousing #Illinois #IHDA
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Realtors, helping more people become homeowners starts with better-informed agents. Join us at the Heartland Realtor Organization’s Education Expo on Wednesday, October 22 in Crystal Lake. It’s a focused, two-hour event built around the real-world challenges and opportunities you face every day. IHDA Mortgage will be there to talk about how our programs can help you open more doors for your clients — especially those who may not realize homeownership is within reach. Event Details: https://ow.ly/qgq650X6rnC Time: 8:30 – 11:00 AM (program starts at 9) Location: 405 E Congress Pkwy, Suite A, Crystal Lake, IL This event is open to licensed realtors only.
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IHDA-financed developments are built to high standards of design, safety, and energy efficiency—creating homes that support brighter futures for Illinois residents. #AffordableHousing #SustainableDesign #CommunityDevelopment #HousingEquity #EnergyEfficientHomes #IHDA #IllinoisHousing #BrighterFutures #UrbanDevelopment #HousingMatters
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Buying a home shouldn't feel like walking into a haunted house. IHDA partners with 180+ trusted lenders across Illinois to make the homebuying process clear, transparent, and affordable – so you can focus on finding the right home without the scares. Learn more about IHDA's homeownership programs at https://lnkd.in/g6BCEY_S #AffordableHousing #HomeBuying
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A new chapter in senior living begins in Yorkville. Fox Hill Senior Living has officially opened its doors, bringing 48 newly constructed, affordable apartments to residents 55 and over in Kendall County. Supported by a 2023 LIHTC award from IHDA, this development offers high-quality housing designed to meet the needs of older adults. The three-story building includes one- and two-bedroom units with modern amenities, a fitness center, community room, and outdoor walking paths—designed to support comfort, independence, and community. Special thanks to Northpointe Development Corporation and Henry Bros. Co. for their hard work and partnership in bringing this vision to life—and for capturing the images that showcase this beautiful new community. This development reflects what’s possible when we invest in housing that supports every stage of life.
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Hello from the IHDA team! Here we believe housing is more than just a place to live—it’s the foundation for thriving, equitable communities. And we’re looking for passionate professionals to help us build that foundation across Illinois. Ready to make an impact? Come join the team that’s making housing happen. Explore careers at https://lnkd.in/esTKw_t #IHDA #JoinOurTeam #HousingCareers #AffordableHousing
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Progress happens when we come together. IHDA was proud to collaborate with housing leaders nationwide at the 2025 National Council of State Housing Agencies (NCSHA) Annual Conference in New Orleans. Five of our staff members lent their voices to important conversations on affordable housing—sharing their insights on pressing housing issues including home repair, multifamily financing, and down-payment assistance. We’re also grateful to be recognized by our housing peers with two Annual Awards for Program Excellence: • Homeownership: Empowering New Buyers – Access Plus Financing Initiative • Special Needs Housing: Combating Homelessness – Illinois Court-Based Rental Assistance Program These awards reflect the dedication of our Homeownership and Strategic Response teams—and their bold, impactful programs that are making a difference across Illinois.
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We’re bringing the resources to you! Meet with IHDA’s Mortgage team and learn about IHDA’s programs for homeownership at the Employment & Housing Fair — happening Saturday, October 11 from 10 AM to 1 PM at the Charles Hayes Center, 4859 S Wabash Ave, Chicago. We're here to help you take the next step toward stability, opportunity, and homeownership. More info: https://lnkd.in/gAxm9UdY
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Down payments don't have to haunt your homebuying dreams. IHDA's Access programs can chase away the chills with up to $10,000 in down payment and closing cost assistance for qualifying homebuyers. No tricks, just a treat that helps make homeownership a little less scary. Find out more at ihdamortgage.org.