2024-2025
Building Together
OUR MISSION
The Illinois Housing Development Authority’s mission is to finance the creation and preservation of affordable housing in Illinois.
2024-2025
Building
Together
OUR MISSION
The Illinois Housing Development Authority’s mission is to finance the creation and preservation of affordable housing in Illinois.
IHDA
Programs
10,140
Homebuyers
Served
$91.2M
Down Payment
Assistance
88%
First-Time
Homebuyers
49%
Racial & Ethnic
Minority Participation
$1.9B
Total Sales
Volume
90
Developments
Funded
5,468
Units Created
or Preserved
$510.4M
IHDA
Financing
$936.3M
Tax Credit
Equity
$821.8M
Leveraged
Dollars
2024 & 2025
Financial Year in Review
IHDA’s issuer credit rating remained unchanged by all three major credit rating agencies: Moody’s Investors Service, Standard and Poor’s, and Fitch Ratings.
During calendar years 2024 and 2025, IHDA recycled approximately $98.5 million of volume cap, preserving capacity for future single-family and multifamily transactions.
Over the same period, the Authority issued approximately $3.36 billion in bonds and notes, including $830 million related to multifamily programs and $2.53 billion related to single-family programs. All single-family bond issuances were designated as Environmental, Social, and Governance (ESG) issuances.
Additionally, IHDA executed approximately $2.9 million in secondary market sales through To-Be-Announced (TBA) and Specified Pool Sale contracts, as well as approximately $29.8 million in sales of securities through Collateralized Mortgage Obligations (CMOs).
Nondiscrimination Policy: i. Pursuant to Title II of the Americans with Disabilities Act as amended (ADA) of 1990 (42 U.S. C. §§12101 et seq.) and Section 504 of the Rehabilitation Act of 1973, as amended (Section 504) (29 U.S.C. §794) the Illinois Housing Development Authority (IHDA) does not discriminate against qualified individuals with disabilities in its policies, or in the admission of, access to, treatment of or employment in its programs, federally assisted programs, services or activities. IHDA will provide special communication assistance to persons with vision and/or hearing impairment. IHDA has designated the following person responsible for coordinating compliance with the nondiscrimination requirements