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CHICAGO, IL - January 27, 2011 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA) announced federal American Recovery and Reinvestment Act (ARRA) funds have enabled the start of construction and rehabilitation of nearly 5,500 affordable rental homes, creating an estimated 4,855 jobs statewide

ZION, IL - December 9, 2010 - (RealEstateRama) -- Twenty units of permanent supportive housing in Lake County for victims of domestic abuse will be built as a result of the financial investment of the Illinois Housing Development Authority (IHDA). An estimated 82 jobs will be created with the construction of the new A Safe Place development

CHICAGO, IL - November 2, 2010 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA) today celebrated the dedication of 77 affordable apartments for seniors and families in Chicago. IHDA Executive Director Gloria L. Materre joined developer Hispanic Housing Development Corp. during a ceremony for the North & Talman Apartments, 1600 N. Talman Ave., Chicago. IHDA provided $2.5 million in federal Low-Income Housing Tax Credits and Illinois Affordable Housing Trust Fund financing. IHDA’s investment generated nearly $17 million in private equity for the two developments.

NORMAL, IL - October 21, 2010 - (RealEstateRama) -- Illinois Housing Development Authority (IHDA) officials today joined Bluestem Housing Partners NFP and local dignitaries to celebrate the groundbreaking of an independent living facility for seniors in Normal. The construction project is estimated to create more than 60 jobs for local residents and will produce 50 affordable rental homes for low-income seniors. The State of Illinois invested $5.3 million to build Cottage Apartments, including $1.5 million in American Recovery and Reinvestment Act (ARRA) funds and $3.8 million in loans and tax credits from other state resources.

CHICAGO, IL - September 29, 2010 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA) today celebrated the grand opening of a new housing development featuring 73 affordable apartments for low-income seniors and a senior center. An estimated 100 jobs were created with the construction of the Casa Maravilla development in Chicago’s Pilsen neighborhood.

JERSEYVILLE, IL - September 13, 2010 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA) today celebrated a groundbreaking ceremony for 32 single-family affordable rental homes which will use solar and wind power to reduce energy bills. The development, known as Lexington Farms Subdivision in Jerseyville, will house qualified working families. An estimated 81 jobs will be created.

BOLINGBROOK, IL - August 16, 2010 - (RealEstateRama) -- On behalf of the administration of Governor Pat Quinn, Illinois Housing Development Authority (IHDA) Executive Director Gloria L. Materre today joined local officials to celebrate the groundbreaking of 106 homes for low-income seniors in southwest suburban Bolingbrook. Construction on the McKenzie Falls affordable apartments will create an estimated 130 jobs

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

ROCK ISLAND, IL Work Begins on Rock Island Development On behalf of the administration of Governor Pat Quinn, Illinois Housing Development Authority (IHDA) officials today celebrated the groundbreaking of new federal stimulus-funded affordable rental housing to serve Rock Island families with special needs.

CHICAGO , IL - July 12, 2010 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA) today announced the award of $2.8 million in grants and loans to 436 first-time homebuyers to assist in the purchase of a new home. The funds will be allocated to nine agencies for disbursement to Illinois residents to assist with down payment and closing costs, subordinate loans and homebuyer education to income-eligible homebuyers.

CHICAGO, IL - May 21, 2010 - (RealEstateRama) -- A new round of more than $1.4 million in federal grant money will enable thousands of homeowners across Illinois to receive free foreclosure counseling, the Illinois Housing Development Authority (IHDA) announced today.

Housing leaders welcome feedback from lending community. CHICAGO, IL - April 30, 2010 - (RealEstateRama) -- A new statewide Lender Advisory Council will provide key feedback to Illinois’ affordable housing leaders as they work together to deliver homeownership opportunities for Illinois residents, Illinois Housing Development Authority (IHDA) Executive Director Gloria L. Materre said today.

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.

Must Close Before December 1, 2009 to Qualify for Advance Loan on Federal Credit. CHICAGO, IL - October 12, 2009 - (RealEstateRama) -- With the federal tax credit deadline fast approaching, the Illinois Housing Development Authority (IHDA) reminds potential first-time homebuyers to take advantage of the Home Start Tax Advance Loan. The deadline for the loan, which offers up to $6,000 in down payment assistance, is December 1, 2009.

Home Modification Grants Enable IL Residents to Maintain Indepence. CHICAGO, IL - September 29, 2009 - (RealEstateRama) -- Low-income seniors and residents with disabilities in Illinois can continue to live independently and with family under a new round of $2.2 million in state funding through the Illinois Housing Development Authority (IHDA). Families and individuals with special needs can apply for Home Modification Program grant money to install ramps, chair lifts, wider doors and other accessible improvements to their homes