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IHDA Access Repayable

Administered by: Illinois Housing Development Authority · State · Zero-Interest Loan

Funding status: Active

How much assistance

10% of purchase price up to ,000 (Zero-Interest Loan)

0% interest. Repaid monthly over a 10-year term alongside the first mortgage.

Eligibility

  • Income limits: IHDA income limits apply; vary by household size and county.
  • First-time buyer required: Yes — Has not owned a primary residence in the past 3 years (waived in federal Targeted Areas).
  • Credit score minimum: 640
  • Geographic restrictions: Must purchase within Illinois.
  • Homebuyer education required: Yes

How to Apply for IHDA Access Repayable

Step 1: Apply through a participating IHDA lender. Complete homebuyer education.

Available Statewide In