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For Immediate Release – January 21, 2021
Illinois Housing Development Authority Releases Application for $8 Million to Strengthen Neighborhoods
CHICAGO – The Illinois Housing Development Authority (IHDA) announced $8 million in funding is available to help spur community redevelopment through the elimination of blighted and abandoned residential properties. Municipalities, counties and land banks may apply for grants through the fifth funding round of the state’s Abandoned Residential Property Municipality Relief Program (APP), an ongoing program that assists local government agencies with the maintenance and demolition of abandoned residential properties in their communities. The application will remain open until Feb. 16, 2021 at 3 p.m. CST and is available online at: www.ihda.org/my-community/revitalization-programs.
Abandoned Property Program accepting applications
Journal Standard
FREEPORT The Illinois Housing Development Authority’s Abandoned Property Program is currently accepting applications for round five of the program.
IHDA will make competitive grants available to municipalities, counties and land banks for the maintenance and demolition of abandoned residential properties within their jurisdictions to assist with local revitalization efforts. Funds will be distributed throughout the state geographically, as determined by the enabling legislation.
Completed applications will be accepted through 3 p.m. Feb. 16. Maximum grant amount is $75,000. Grant funds may be used for securing, maintaining, demolishing or rehabilitating abandoned residential properties.
To apply: ihda.org/my-community/revitalization-programs.