IHDA Welcome Home Hero Mortgage Assistance

Illinois Housing Development Authority

Available Down Payment

About This Program

Down payment and closing cost assistance for veterans, active military, first responders, teachers, and healthcare workers purchasing a home in Illinois. Forgivable loan combined with low-interest first mortgage.

Down payment assistance loan forgiven after 10 years of occupancy

Key Details

  • Up to $10,000 down payment assistance
  • For veterans, first responders, teachers, healthcare
  • Forgivable loan after 10 years
  • Must be combined with IHDA first mortgage
  • Apply through participating Illinois lenders

How to Apply

A grant-savvy contractor in Elgin, IL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Applications through participating lenders

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Elgin, IL

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

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