IHDA 1stHomeIllinois Down Payment Assistance

Illinois Housing Development Authority

Available Down Payment

About This Program

Down payment and closing cost assistance for first-time homebuyers in Illinois purchasing in eligible areas. Offered as a forgivable loan in combination with IHDA's 30-year fixed-rate mortgage. Income limits apply based on county and household size.

Forgivable loan, typically 4% of purchase price up to $10,000, forgiven over time

Official source site checked live on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Up to $10,000 for down payment and closing costs
  • Must be first-time homebuyer or not owned in 3 years
  • Income limits: varies by county, typically 140% AMI
  • Must complete homebuyer education course
  • Combine with IHDA mortgage loan

How to Apply

Get free help applying Visit Official Program Page Track this program

(312) 836-5200

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

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing while funds available

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