IHDA invested $630.4 million and leveraged $215.9 million to build 1,100 new rental units in 21 developments while preserving 3,000 units in 26 developments.
Permanent Supportive Housing
“Getting outside again is amazing,” said Ron Smith, who regained his independence in 2015 with help from Home First. As the result of a tragic accident in 1988, Ron was paralyzed from the neck down, leading to 27 years of nursing home life. Now, living in his own apartment in Chicago’s western suburbs, he savors this freedom that provides security, comfort and peace of mind.
IHDA provides funding and tax incentives to develop and rehab affordable housing units in communities across the state.