Illinois Housing Development Authority

Illinois’ new infrastructure plan has money set aside to help residents secure affordable housing across the state. This is the first capital plan in 10 years.

"Mortgage" by Flickr User Investment Zen / (CC x 2.0)

The Illinois Housing Development Authority is working with BMO Harris Bank on a mortgage relief program for Rockford homeowners.

 

The state’s I-Refi program allows homeowners who owe more on a mortgage than their home is worth to refinance their loans based on a house’s current appraised value.