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IHDAccess Home ($15,000 Down Payment Assistance)

Illinois Housing Development Authority

open state

About This Program

IHDA's newest program provides up to $15,000 in financial assistance toward a down payment or closing costs, paired with a 30-year fixed-rate mortgage. The assistance has zero percent interest, deferred payments, and no required monthly payments while living in the property.

Zero interest, deferred loan; no monthly payments while owner-occupied

Key Details

  • Up to $15,000 toward down payment or closing costs
  • Zero percent interest deferred loan
  • No monthly payments while you live there
  • Paired with 30-year fixed-rate mortgage
  • Must use IHDA-approved lender

How to Apply

Visit Official Program Page

Deadline: Ongoing through approved lenders while funds last

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This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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