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Illinois Housing Development Authority Announces $75-Million in Affordable Housing Development Grants

THE STATE IS AWARDING NEARLY 75 MILLION DOLLARS IN GRANTS TO INCREASE AFFORDABLE HOUSING OPTIONS IN ILLINOIS.

 

THE FEDERALLY-FUNDED GRANTS WILL BE USED TO FINANCE CONSTRUCTION AND REHAB PROJECTS AROUND THE STATE, PROVIDING OVER ONE-THOUSAND UNITS SAYS ILLINOIS HOUSING DEVELOPMENT AUTHORITY EXECUTIVE DIRECTOR KRISTIN FAUST.

 

 

THE MONEY COMES FROM THE FEDERAL GOVERNMENT AND WILL HELP FUND THE CONSTRUCTION OR REMODEL OF MORE THAN ONE THOUSAND UNITS ACROSS THE STATE. 

 

 

OTHER LOCATIONS RECEIVING GRANTS INCLUDE PERU, BLOOMINGTON, MUNDELEIN, MOUNT CARROLL, EAST SAINT LOUIS AND MARION.

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