CHICAGO – The Illinois Housing Development Authority announced applications for homeowners financially impacted by the pandemic will be accepted beginning in April through the Illinois Emergency Homeowner Assistance Fund program. ILHAF will provide up to $30,000 in free assistance per homeowner paid directly to the servicer, taxing body or other approved entity on behalf of Illinois homeowners impacted by COVID-19 to prevent mortgage delinquencies, defaults and foreclosures to keep families safe and secure while they regain their financial footing. The U.S. Department of the Treasury requires this assistance be used as a “last resort,” therefore struggling homeowners are federally required to seek other relief options prior to being eligible to apply for assistance through ILHAF in April. Potential applicants must demonstrate they have either communicated with their mortgage provider about their inability to pay or sought counseling with a HUD-approved counseling organization.
“When we say housing is a right, that means we go full force to ensure families have a roof over their heads. We responded quickly and equitably to the economic instability caused by the pandemic when it threatened that right,” said Lt. Governor Juliana Stratton.
Program information and updates can be found at illinoishousinghelp.org
Weekdays from 2 p.m. to 7 p.m.
