The Illinois Housing Department Authority (IHDA) has announced the Illinois Homeowner Assistance Fund (ILHAF) will no longer accept grant applications to assist homeowners with housing expenses as of 11:59 p.m. on Tuesday, Oct. 31. Any applications submitted prior will be reviewed. A submitted application is not a guarantee of approval. Eligible Illinois homeowners can apply at www.illinoishousinghelp.org.
The ILHAF supports qualified homeowners with grants of up to $60,000 for past-due mortgage payments, property taxes and insurance, and homeowner or condo association fees.
“Any homeowner struggling to make their monthly payments due to lingering fallout from the pandemic should not hesitate and reach out today to see if you are eligible for this free assistance,” said IHDA Executive Director Kristin Faust. “There is no guarantee of additional funding from Congress, so do not miss out on this opportunity and visit www.illinoishousinghelp.org today to see if IHDA or any other state of Illinois resources can help.”
ILHAF was created by the state of Illinois to help homeowners avoid mortgage default and foreclosure after experiencing financial hardships related to the COVID-19 pandemic. Payments are made directly to the mortgage servicer, taxing body, or other eligible entity once a homeowner’s application has been approved.
To qualify for ILHAF, Illinois homeowners must meet the following criteria: Be past due on one or more mortgage loans, property tax, property insurance, and/or HOA/condo association fee payments; have a household income at or below 150 percent of Area Median Income; own and occupy a home in Illinois as a primary residence; and experienced financial hardship after Jan. 21, 2020, due to the COVID-19 pandemic (including a hardship that began before Jan. 21, 2020, but continued after that date).