The Illinois Housing Development Authority (IHDA) will soon be offering emergency rental and mortgage assistance to help Illinois residents during COVID-19.
The Illinois General Assembly has dedicated $396 million in Coronavirus Relief Funding to IHDA to fund affordable housing grants for emergency rental assistance and emergency mortgage assistance.
When to Apply:
- IHDA will accept Emergency Rental Assistance Program applications August 10 through August 21.
- IHDA will accept Emergency Mortgage Assistance Program applications August 24 through September 4.
Please see below for more information, videos, and printable flyers on IHDA’s Emergency Rental Assistance (ERA) and Emergency Mortgage Assistance (EMA) Programs.
Contents
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Emergency Rental Assistance Program
Summary
The Emergency Rental Assistance (ERA) program will give $5,000 to renters impacted by COVID-19 for back rent and prepay through 2020.
- IHDA will accept Emergency Rental Assistance Program applications August 10 through August 21.
- You must have an unpaid rent balance that began on or after March 1, 2020 due to loss of income related to COVID-19 pandemic.
For more information, please see the video links and flyers below or go to https://era.ihda.org/.
To apply, please click the button below.
Videos
Emergency Rental Assistance Video
Programa de Asistencia de Renta Video
Flyers
Emergency Mortgage Assistance
Summary
The Emergency Mortgage Assistance (EMA) program will provide homeowners impacted by COVID-19 up to $15,000 to reinstate their mortgage and prepay through 2020.
- IHDA will accept Emergency Mortgage Assistance applications August 24 through September 4.
- You must have a past due balance or a forbearance balance that began sometime on or after March 1, 2020 due to loss of income related to the COVID-19 pandemic.
For more information, please see the videos and flyers below or go to https://ema.ihda.org/.
To apply, click the button below.
Videos
Emergency Mortgage Assistance Video
Asistencia Hipotecaria de Emergencia Vídeo
Flyers
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