Pritzker: IHDA reopening mortgage assistance program - WIFR

1 year ago 55

CHICAGO, Ill. (WIFR) - The Illinois Housing Development Authority (IHDA) Wednesday announced the reopening of a owe assistance programme designed to assistance Illinois residents get backmost connected their feet.

The Illinois Homeowner Assistance Fund (ILHAF) awards up to $30,000 successful owe assistance to eligible homeowners moving to regain their fiscal footing aft the pandemic.

“No Illinoisan should person to take betwixt paying their owe and putting nutrient connected the table,” said Governor JB Pritzker astir the owe assistance program.

Starting Tuesday, Nov. 1., homeowners tin taxable applications for owe relief. The deadline for applicants is 11:59 p.m. connected Tuesday, Jan. 31, 2023.

Information and updates astir the escaped programme tin beryllium recovered astatine illinoishousinghelp.org.

To qualify, homeowners indispensable amusement impervious of fiscal hardship owed to the COVID-19 pandemic aft Jan. 21, 2020, presently ain and inhabit their location successful Illinois arsenic their superior residence, and beryllium astatine slightest 30 days precocious connected their monthly lodging payments with a full household income astatine oregon beneath 150% of the country median.

Homeowners who participated successful the erstwhile circular of ILHAF tin inactive use for further assistance this round. The maximum assistance successful full cannot transcend $30,000.

“Having a extortion implicit your caput is 1 of the pillars of feeling harmless and having a affirmative prime of life. The lingering economical interaction of the pandemic is inactive being felt, particularly erstwhile it comes to housing. That is wherefore Illinois is truthful committed to helping residents enactment successful their homes,” said Lt. Governor Juliana Stratton.

Copyright 2022 WIFR. All rights reserved.

Read Entire Article