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State Invests Federal Tax Credits to Boost Affordable Housing Construction
CHICAGO - October 23, 2012 - (RealEstateRama) -- Nearly 700 affordable rental apartments will be built across Illinois, increasing housing opportunities for working families, seniors and people with special needs and disabilities, thanks to the allocation of federal tax credits approved by the Illinois Housing Development Authority (IHDA) board.
The Chicago Community Trust Awards $231,000 in Grants for Affordable Housing
CHICAGO, IL - October 8, 2012 - (RealEstateRama) -- The Chicago area’s largest regional grant maker, The Chicago Community Trust, today announced $231,000 in grants to advance affordable rental housing.
City Council Approves Ordinances Supporting Neighborhood Amenities, Historic Preservation, Affordable Housing and Business Expansion
Chicago, IL - August 2, 2011 - (RealEstateRama) -- The Chicago City Council today approved eight ordinances supporting neighborhood amenities, business development, affordable housing and historic preservation
Governor Quinn Highlights State’s Efforts to Increase Affordable Housing Options
CHICAGO, IL - October 26, 2010 - (RealEstateRama) -- Governor Pat Quinn today commended Illinois’ housing leaders at the 2010 Governor’s Conference on Affordable Housing for their efforts in charting a course to further Illinois’ economic recovery. Governor Quinn highlighted the state’s dedication to affordable housing, including community stabilization, supportive housing to end homelessness, affordable homeownership programs and green building.
New State-funded Affordable Housing for Seniors Opens in Blue Island
BLUE ISLAND, IL - August 12, 2010 - (RealEstateRama) -- As the state’s housing finance agency under Governor Pat Quinn, the Illinois Housing Development Authority (IHDA) today celebrated the grand opening of 90 new affordable homes for seniors in south suburban Blue Island. Senior Suites of Fay’s Point features sustainable building materials and a geothermal heating and cooling system, highlighting the state’s dedication to encouraging green development
Two Affordable Housing Developments Open in Chicago’s North Side
CHICAGO, IL - July 21, 2010 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA), under the direction of Governor Pat Quinn, today announced the opening of the Wilson Yard mixed-used redevelopment project in Chicago’s Uptown neighborhood. Along with Mayor Richard M. Daley, Alderman Helen Shiller, Holsten Real Estate Development Corporation and other local dignitaries, IHDA celebrated the opening of the development which includes two affordable rental housing developments, a Target store and other retail and office space.
Governor Quinn Opens Rosa Parks Apartments Affordable Housing in Chicago
CHICAGO, IL - June 14, 2010 - (RealEstateRama) -- Governor Pat Quinn opened the Rosa Parks Apartments, newly-built rental property that will provide affordable homes for 94 families. The multi-million dollar project was funded in part by $9.8 million from the federal American Recovery and Reinvestment Act (ARRA) and $2.2 million in state funds from the Illinois Housing Development Authority (IHDA) and the Illinois Department of Commerce and Economic Opportunity (DCEO)
State Awards $15.4M to Help Homeowners, Landlords Afford Home Repairs
Two programs serve low-income residents, create jobs. CHICAGO, IL - February 11, 2010 - (RealEstateRama) -- A new round of $15.4 million in federal affordable housing funds will help low-income residents, including seniors and persons with disabilities, and landlords rehabilitate more than 420 homes across the state, the Illinois Housing Development Authority (IHDA) announced today.
Foster Announces More Than $2 Million for Kane County Housing Programs
Grants to Create Jobs and Expand Supply of Decent, Affordable Housing. Washington, DC - September 24, 2009 - (RealEstateRama) -- Today, Rep. Bill Foster (IL-14) announced that the U.S. Department of Housing and Urban Development has awarded Kane County with two different grants, a Community Development Block Grant (CDBG) worth $1,210,514 and a HOME program grant worth $805,428
IHDA Board Appoints Governor’s Former Deputy Chief of Staff as Executive Director Gloria L....
CHICAGO, IL - September 21, 2009 - (RealEstateRama) -- Members of the Illinois Housing Development Authority (IHDA) board today appointed Gloria L. Materre, former deputy chief of staff under Governor Pat Quinn, as executive director. IHDA is the state agency dedicated to financing affordable housing across the state. Materre succeeds DeShana L. Forney, who resigned to pursue other career opportunities.