Housing Down Payment Loans/Grants | Illinois Housing Development Authority
Offers interest-free loans and grants, forgivable over varied set period of years, for home purchases for qualifying buyers.
Date of Last Formal Update
09/03/2024
Data provided by
211 DuPage County
Physical Address
Hours
Monday to Friday, 8:30 am - 5:00 pm
Website
Application process
(1) Email [email protected] for Opening Doors program or email [email protected] and provide the following information: (a) Borrower name and property address (b) Expected closing date (c) email address (to send payoff statement) (d) Authorization from borrower (2) Email IHDA at [email protected] or call 877-456-2656 or 312-439-3538 (Spanish) for more information on current mortgage assistance programs
Fee
None
Required documents
Valid photo ID; Proof of residence in Illinois; Proof of income;
Eligibility
Resident of Illinois; Income limits and home price limits apply; Meet credit score requirements; Complete homeownership education class; Additional requirements vary by program
Languages
Spanish, English
Service area
IL
Agency info
Illinois Housing Development Authority
Administrative entity managing programs for homeowners, first-time home buyers, renters, multifamily developers, and property managers. Also provides funding for the Home Repair and Accessibility Program (HRAP) administered by partner agencies.