CHICAGO – The Illinois Housing Development Authority (IHDA) has announced it is reopening a mortgage assistance program designed to assist homeowners financially impacted by the pandemic on Tuesday, Nov. 1, 2022.
The Illinois Homeowner Assistance Fund (ILHAF) provides up to $30,000 in mortgage assistance to eligible homeowners — paid directly to the servicer, taxing body or other approved entity — while homeowners work to regain their financial footing.
Whether homeowners have a mortgage, a reverse mortgage, or are mortgage-free, the program can fund past due housing payments and up to three months of prospective mortgage payments. The program is free and funds do not need to be repaid. Application, program information and updates can be found at illinoishousinghelp.org. Applications will be accepted until 11:59 p.m. on Tuesday, Jan. 31, 2023.
“No Illinoisan should have to choose between paying their mortgage and putting food on the table,” said Governor JB Pritzker. “That’s why we established the Illinois Homeowner Assistance Fund to provide some much-needed relief to our residents who struggled throughout the pandemic. Today, I am proud to announce that we are reopening that very program so that no Illinois family goes without a roof over their heads. I encourage every eligible household to apply for ILHAF funding starting November 1, and I thank the entire Illinois Housing Development Authority team for their leadership.”
“Having a roof over your head is one of the pillars of feeling safe and having a positive quality of life. The lingering economic impact of the pandemic is still being felt, especially when it comes to housing. That is why Illinois is so committed to helping residents stay in their homes,” said Lt. Governor Juliana Stratton. “This program does just that, and it will continue to be a resource because people who need housing assistance deserve to be.”