The Illinois Housing Development Authority has allocated $2 million dollars to Habitat for Humanity of Illinois to administer a new round of the Community Impact Fund.
This is a program that helps working families, especially in southern and central Illinois, buy a home. The program is expected to create 100 new homeowners across Illinois.
The Community Impact Fund provides down payment assistance in the form of forgivable grants, reducing barriers that prevent many families from qualifying for traditional mortgages. It was created in 2014.
