IL homeowners impacted by COVID-19 can apply for financial help RELATED: Tips to keep you in your home if you're struggling to make rent or mortgage. Para averiguar si es elegible y prepararse, visite IllinoisHousingHelp.org. The Low Income Home Energy Assistance Program (LIHEAP), administered by the Illinois Department of Commerce and Economic Opportunity (DCEO), helps eligible low-income households pay for home energy services (primarily heating during winter months). The state is currently accepting applications for ILHAF assistance. Available in English and Spanish. If you are still unsure about whether or not you have to repay any assistance you receive, contact a HUD-approved housing counseling agency. In most cases, if you are approved, money will be sent directly to your mortgage servicer, utility company, or contractor making repairs, if they participate in the HAF program. If you are otherwise eligible for HAF, you can still apply for HAF even if the foreclosure process has started. The programs goal is to prevent: The HAF program available to you will depend on your area. If applicants can repay part, but not all of the costs . endstream endobj 222 0 obj <. To find out if youre eligible and get prepared visit IllinoisHousingHelp.org. %%EOF These sessions will provide a road map for you to follow to make the application process more efficient. You should always make sure you are getting information and applying from official government websites (for example, with website addresses ending in .gov) and sources. Grants must be repaid if the property is sold in less than 3 years. Homeowners with household incomes less than 150% of the Area Median Income. The Illinois Homeowner Assistance Fund (ILHAF) is a federally funded program dedicated to assisting homeowners at risk of default, foreclosure, or displacement due to financial hardship caused by the COVID-19 pandemic. They can help you figure out your options and guide you through the paperwork and process of working with your servicer. stream Full title service is required if the total outstanding balance on Section 504 loans is greater than $25,000. Have experienced a financial hardship associated with the COVID-19 pandemic. The Illinois Homeowner Assistance Fund (ILHAF) provides up to $60,000 in mortgage assistance to eligible homeowners paid directly to the servicer, taxing body or other approved entity. A list of other requirements is available here. This program has some income-related restrictions on which homeowners will qualify to receive funding. 111 E. Wacker Dr.,Suite 1000Chicago, IL 60601, The ILHAF team is currently reviewing and processing applications for assistance. Check your specific program requirements based on your area. Assistance will be paid directly to the mortgagors loan servicer, taxing body, or other approved entity on behalf of the homeowner. fuUjED0D2H^^9H2;M KN10H5?m [ Homeowner Assistance Fund (HAF) Income Limits are used for determining eligibility for HAF funds. Other government agencies, such as FHA, VA, and USDA, strongly encourage servicers to pause the foreclosure process once they have been notified that a borrower has applied for HAF or been approved for assistance but do not require it. Illinois has received approval from the U.S. Department of the Treasury on its Illinois Homeowner Assistance Fund (ILHAF) program to provide assistance to Illinois homeowners who have struggled to pay their mortgage due to COVID-19. This ILHAF Resources toolkit is designed to support ILHAF stakeholders and HUD agencies with the distribution of marketing collateral for in-person and digital outreach. Available in English and Spanish. The Homeowner Assistance Fund was established by the American Rescue Plan Act to help homeowners who have been financially impacted by COVID-19 with certain housing-related costs. In most cases, programs are providing money as a grant that does not need to be paid back. Illinois homeowners affected by COVID-19 eligible for up to $30K in Provider agencies will help you determine eligibility, walk you through the application process, and help you submit your application. The Illinois Emergency Homeowner Assistance Fund overseen by IHDA is a federally-funded program that is dedicated to assist Illinois homeowners who have struggled to pay their mortgage because of . The Illinois Homeowner Assistance Fund (ILHAF) provides up to $60,000 in mortgage assistance to eligible homeowners paid directly to the servicer, taxing body or other approved entity. Pritzker Administration Announces Up to $30,000 in Housing - NCSHA Well forward it to the company and work to get you a response, generally within 15 days. Toll Free. Illinois residents with a household income that does not exceed an amount determined annually by DCEO are eligible. Illinois Emergency Homeowner Assistance Fund - HODC Discover the emergency assistance programs available to you by multiple state agencies including: the Illinois Housing Development Authority (IHDA), the Illinois Department of Human Services (IDHS) and the Department of Commerce and Economic Opportunity (DCEO). The program is funded through the Illinois Affordable Housing Trust Fund which is funded from a portion of Illinois' receipts of real estate transfer Find your program by visiting this site and selecting the appropriate state, district, or territory on the map. The program offers up to $30 thousand in relief to Illinois homeowners affected by COVID-19. Homeowners who have fallen behind on mortgage payments and related housing expenses during the COVID-19 pandemic can apply for assistance through the Illinois Homeowner Assistance Fund (ILHAF). Apply no. Use this handy palm card for at-a-glance benefits of the ILHAF program to develop grassroots awareness of emergency housing assistance throughout Illinois. If the foreclosure process has already started, can I still apply for HAF? Mortgage Resource Toolkit To be eligible for ILRPP, applicants must meet the following minimumrequirements: Low Income Home Energy Assistance Program. JB Pritzker and the Illinois Housing Development . To qualify, applicants need to have experienced financial hardship due to COVID after Jan. 21, 2020 and be at least 30 . Am I guaranteed to receive assistance if I meet the eligibility requirements?