Multifamily Financing Programs

As a bank with a public mission, IHDA offers several first mortgage and bond financing options to foster the development and preservation of affordable housing throughout Illinois. IHDA is uniquely positioned to offer low-interest rate construction and permanent financing through one common application process. We partner with lenders, developers, municipalities, local housing authorities, not-for-profits, community groups and others to deliver low-cost financing options through our bond and first mortgage loan programs.