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The Build Illinois Homes Tax Credit is one of those tools. This proposed state legislation will help shovel-ready developments cross the finish line and bring urgently needed homes to vulnerable ...
City Council members cited a need for affordable housing in Batavia as they OK’d a developer’s request for TIF funds for a ...
Gov. J.B. Pritzker said Illinois’ housing inventory rebounded from supply chain and construction issues slower than the national average over the past five years. “From 2019 to 2024 ...
CHICAGO — The Illinois Housing Development Authority announced it is accepting applications from eligible local governments and nonprofit organizations to participate in the state’s Home ...
with a focus on providing solutions that support the housing and community development needs of members’ customers. FHLBank Chicago is a self-capitalizing cooperative, owned by its Illinois and ...
CHICAGO (WAND) - The Illinois Housing Development Authority announced it is accepting applications from eligible local governments and nonprofit organizations to participate in the state’s Home ...
Put simply, if we want Illinois to remain competitive in site selection and economic development, we need to build more homes. The Build Illinois Homes Tax Credit (HB 1147/SB 62) is a key part of ...
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Illinois to see emergency shelters in development to combat homelessnessIll. (WTVO) — The Illinois Housing Development Authority (IHDA) announced today it will begin accepting applications for the development of emergency shelters for persons experiencing homelessness.
Funding for the project included $913,717 in 9 percent federal LIHTC and $2.8 million provided by the Illinois Housing Development Authority. Additional financing will be issued by IFF with a $1.4 ...
Peter Selke, director of the Strategic Response Unit with the Illinois Housing Development Authority, said the latest round of funding is not intended to benefit just the tenants. “We are kind ...
Also on hand were financial partners, among them the Illinois Housing Development Authority, Cook County, BMO and ComEd. Cook County furnished approximately $2 million in HOME federal funding and ...
Southern Illinois Healthcare Foundation soon plans to turn Cahokia Heights properties where derelict homes were once boarded up into a new low-income housing development called Vivian’s Village.
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