THE ILLINOIS HOUSING DEVELOPMENT AUTHORITY IS AWARDING 26 MILLION DOLLARS IN FEDERAL TAX CREDITS TO BUILD AFFORDABLE HOUSING DEVELOPMENTS ACROSS THE STATE.
THE CREDITS ARE SOLD TO INVESTORS TO GENERATE CAPITAL FOR THE 18 AFFORDABLE HOUSING PROJECTS IN 12 ILLINOIS COUNTIES SAYS I-H-D-A SPOKESPERSON ANDREW FIELD.
THE MONEY WILL BE GOING TO 18 DEVELOPMENT PROJECTS…CREATING 11-HUNDRED NEW UNITS IN ILLINOIS.
DEVELOPMENTS RECEIVING THE CREDITS ARE LOCATED IN COMMUNITIES LIKE ADDISON, NORTHBROOK, JOLIET, CHICAGO, CHAMPAIGN, PEORIA, WOOD RIVER, HARRISBURG AND MORE.