Illinois Housing Development Authority (IHDA) is a public housing agency that helps provide decent and safe rental housing for eligible low-income families, the elderly, and persons with disabilities. Illinois Housing Development Authority (IHDA) manages several funded programs and has a total of 60 subsidized affordable housing units for rental assistance. Illinois Housing Development Authority (IHDA) administered a total of 705 Section 8 Vouchers. Illinois Housing Development Authority (IHDA) currently has Section 8 as its program type. Illinois Housing Development Authority (IHDA) is located at 401 N. Michigan Avenue, Suite 700, Chicago, IL, 60611 and serves the city of Chicago. Income limits, fair market rents and rent rates vary with each agency. Please contact Illinois Housing Development Authority (IHDA) at, (312)836-5200 for more information about coverage area and program availability.

In 1967, the Illinois Housing Development Authority (IHDA) was created as a self-supporting authority by the state legislature to finance quality affordable housing across Illinois. We connect qualified Illinois residents and communities with state and federal financial tools to stimulate affordable housing opportunities.

IHDA works as a bank with a public mission: To finance the creation and preservation of affordable housing across Illinois. We partner with lenders, developers, local government, not-for-profits, community groups, and others to deliver low-cost financing programs. Our financing spurs construction jobs to keep Illinois residents working.

As a lender, IHDA uses approximately $2 billion in assets to create and preserve affordable housing. We are able to access the capital markets based on our strong credit rating of A1/A+/AA- from Moody's Investors Service, Standard & Poor's, and Fitch Ratings respectively.

IHDA finances the creation and preservation of affordable housing throughout the State of Illinois to increase the supply of decent and safe places for people of low or moderate means to live.

We also accomplish our mission by investing resources from federal and state-funded programs.