CHICAGO – State Rep. Fran Hurley is highlighting the opening of a mortgage relief program designed to help eligible homeowners impacted by the pandemic receive up to $30,000 in mortgage assistance.
“For those in a financial crunch and not sure how to cover mortgage costs, there is help available,” Hurley said. “We want to make sure that everyone is able to stay in their home with a roof above their head, particularly as we near the winter months.”
Administered through the Illinois Housing Development Authority, the Illinois Homeowner Assistance Fund can help fund past due housing payments and up to three months of prospective mortgage payments by paying directly to the servicer, taxing body or other approved entity. Qualified homeowners can receive up to $30,000 in aid while working to regain their financial footing.
The program is free and funds do not need to be repaid. Interested residents can review
additional information and submit an application at https://www.illinoishousinghelp.org/ through
Jan. 31, 2023. The Illinois Housing Development Authority can also answer questions at 866-454-3571.
“The pandemic rocked the finances of many families at no fault of their own,” Hurley said. “These families deserve help. If you qualify, I encourage you to reach out to the Illinois Housing Development Authority without delay.”