Illinois homeowners could receive up to $30K in mortgage relief

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ARE YOU ELIGIBLE? The Illinois Homeowner Assistance Fund will launch on Tuesday, Nov. 1 and will provide up to $30,000 in mortgage assistance to eligible homeowners.

The state's Housing Development Authority is reopening a mortgage assistance program for homeowners impacted by the pandemic.

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. "The state of Illinois is committed to ensuring that homeowners who are struggling due to this terrible pandemic can stay in their home," said IHDA Executive Director Kristin Faust. "We designed the ILHAF program to ensure the most vulnerable households are prioritized in order to stave off foreclosure to ensure they are given the opportunity to become current on their monthly housing expenses.

 

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Illinois Homeowners Impacted by COVID Pandemic Could be Eligible for Up to $30K in Mortgage ReliefA state of Illinois program that offered homeowners up to $30,000 in mortgage relief will be reopened next month, Gov. J.B. Pritzker’s administration announced Wednesday. Hoarding COVID money until now? WTF, the time to do this was two years ago.
Source: nbcchicago - 🏆 545. / 51 Read more »