Funding Available for
Permanent Supportive Housing Development
June 4, 2021
The Illinois Housing Development Authority (IHDA) is pleased to announce funding for its Permanent Supportive Housing (PSH) Development Program
. Financing is available for the acquisition, rehabilitation, and/or new construction of PSH projects that serve the most vulnerable populations and that offer flexible, voluntary supportive services designed to increase housing stability.
IHDA expects most applications will be for 100% PSH projects of 25 or fewer units and that requests will generally be up to $8,500,000 or 90% of the total project cost, whichever is less. A project concept meeting and approval of a Preliminary Project Assessment are required prior to submitting an application. Mandatory application workshops will be offered in September.
Preliminary Project Assessments are due to IHDA by 5:00 p.m. CT on Friday, August 6, 2021.
Applications are due to IHDA by 5:00 p.m. CT on Friday, October 22, 2021.
Questions and requests for project concept meetings should be directed to email@example.com