Augustana College: What Illinois Access Home assistance does IHDA describe?
DIRECT ANSWER
Source guidance recorded on 2026-10-15. Confirm the applicable policy year, cohort and property jurisdiction before relying on time-sensitive facts.
IHDA describes assistance of 6% of purchase price up to$15,000 for down payment and closing costs, as an interest-free second loan deferred for the life of the mortgage.
Sources & verification
- www.ihda.org source-backed-recovered-record
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