First-Time Homebuyer Programs in Illinois

Illinois homebuyers have access to one of the most robust down payment assistance networks in the Midwest, anchored by the Illinois Housing Development Authority (IHDA). In March 2026, Illinois launched IHDAccess Home, a new program offering up to ,000 in 0% interest deferred-payment down payment and closing cost assistance for first-time buyers statewide. IHDA also offers the Access Forgivable program (up to ,000 forgiven over 10 years), Access Deferred (up to ,500 deferred until sale or refinance), Access Repayable (up to ,000 with 10-year repayment), the Opening Doors / Abriendo Puertas program (,000 forgivable after 5 years), and a Mortgage Credit Certificate providing a 25% federal tax credit on mortgage interest. FHLBank Chicago's Downpayment Plus program adds up to ,000 in forgivable grants through participating Illinois lenders.

State housing agency: Illinois Housing Development Authority (IHDA)

Cities in Illinois