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.

Ron regained his independence in 2015

Permanent Supportive Housing

Ron’s Story

“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. 

 

Challenges

 
 
 

IHDA’s Solution

IHDA provides funding and tax incentives to develop and rehab affordable housing units in communities across the state.

RESULTS

 
 
 


COMMUNITY STABILIZATION