State
Illinois Housing Development Authority - Chicago, IL
Statewide
59 Years of Public Service (Est. 1967)
111 E Wacker Dr, Chicago, Illinois 60601
Illinois Housing Development Authority (IHDA)
Agency Overview
The Illinois Housing Development Authority (IHDA), headquartered at 111 East Wacker Drive, acts as the state's housing finance agency. 🏦🏙️ Created by the state legislature, its mission is to finance the creation and preservation of affordable housing throughout Illinois. The authority partners with lenders, developers, local government bodies, and non-profits to offer low-cost financing programs.
Key Programs
- Homeownership: Provides mortgage assistance and down payment help for first-time homebuyers and veterans.
- Rental Assistance: Administers rental subsidy programs like the Section 811 Supportive Housing for Persons with Disabilities.
- Foreclosure Prevention: Manages the Illinois Homeowner Assistance Fund (ILHAF) to help homeowners facing financial hardship.
- Development Financing: allocation of tax credits and loans to developers building affordable housing units.
Office Information
This downtown Chicago office serves as the administrative headquarters. While it is a government body, it functions much like a bank for housing initiatives. 🚫🛑 It is generally not a walk-in office for emergency housing placement; those seeking immediate shelter should contact local social services or 311. Homeowners and renters usually interact with IHDA programs through participating lenders or online portals.
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Location & Access
Facility Address
111 E Wacker Dr Suite 1000
Chicago, Illinois 60601
Parking & Accessibility
Paid Parking Garage Near Bus Route / Stop Near Subway / Metro Wheelchair Accessible Entrance Elevators Available
Public Transit Lines
Stop: Michigan & Wacker (Routes: 2, 6, 20, 26, 134, 135), Stop: State/Lake (Loop Trains)
Security & Dress Code
Airport-Style Screening Valid Photo ID Required No Weapons Proof of Appointment Required
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