Qualified Allocation Plan (QAP)

The Grove Apartments (Oak Park)

2026 Draft QAP Now Available

IHDA is pleased to make available for public comment a draft of its 2026 Qualified Allocation Plan (QAP)

2026 Draft Qualified Allocation Plan (QAP)

  • For public comment. Comment period is May 9, 2025, until 5:00 p.m. CST on June 9, 2025.

IHDA will host a virtual Public Hearing to gather your comments on this draft.  This will be held at 10:00 a.m. on Wednesday, May 28, 2025, via Microsoft Teams.

2026 Low-Income Housing Tax Credit Qualified Allocation Plan (QAP) Virtual Public Hearing Meeting

  • Wednesday, May 28, 2025, 10:00 a.m. – 11:00 a.m.

Meeting ID: 294 697 874 093
Passcode: Es3Wx3fj
Dial in by phone
+1 872-267-6689
Phone conference ID: 563 575 419#

Written comments should be directed to the following:

Illinois Housing Development Authority
111 East Wacker Drive, Suite 1000
Chicago, Illinois 60601
ATTN: Strategic Planning & Reporting Department

QAPFeedback@ihda.org

We look forward to your feedback.

2024-2025 QAP

The Qualified Allocation Plan (QAP) sets forth the criteria for evaluating all projects that apply for a tax credit allocation.  The QAP sets forth the rules under which IHDA offers affordable housing development funding in the form of federal Low Income Housing Tax Credits (LIHTC). The QAP describes the selection criteria and application requirements for receiving these federal tax credits and tax-exempt bonds.  The QAP takes effect upon the approval of the IHDA board and the governor.

2024-2025 Qualified Allocation Plan (QAP)

  • 2024-2025 Approved QAP.

For previous QAPs, please visit our Developer Resource Center.

For more information on how to submit an application for tax credits or IHDA financing, please visit our Applying For Tax Credits Or Other Multifamily Housing Programs page.

IRS regulations for the federal tax credit program are found in Section 42 of the Code of 1986, as amended. Additionally, state rules governing the LIHTC program are found in the Illinois Administrative Code, Title 47, Chapter II, Part 350.