THE STATE IS RELAUNCHING THE “OPENING DOORS” HOMEBUYER PROGRAM. 

OPENING DOORS IS DESIGNED FOR LOWER-INCOME BORROWERS AND HOUSEHOLDS OF COLOR, OFFERING A 30-YEAR MORTGAGE WITH A FIXED INTEREST RATE AND A SIX THOUSAND DOLLAR DOWN PAYMENT. MANY WON’T HAVE TO PAY THAT BACK SAYS ILLINOIS HOUSING DEVELOPMENT AUTHORITY SPOKESPERSON ANDREW FIELD.

IT’S AIMED AT LOW-INCOME AND MINORITY BORROWERS SAYS FIELD.

THOSE INTERESTED CAN FIND MORE INFORMATION ABOUT THE PROGRAM AND PARTICIPATING LENDERS ONLINE AT: IHDA MORTGAGE DOT ORG.