Assistance will be available on a first-come, first-approved basis until the funds are exhausted.The Illinois Housing Development Authority (IHDA) is launching a $150 million program with $5,000 grants to provide emergency rental assistance to Illinois tenants who are unable to pay their rent. Therefore, only homeowners with mortgage arrearages, or in forbearance, on or after March 2020 through present day may be eligible to apply.
Applications for Emergency Rental Assistance are expected to be available on August 10. The program is also expected to launch in August 2020 and provide assistance through the end of the year.
The assistance will be paid directly to a property owner or landlord on behalf of the tenant and as a condition of accepting the assistance, landlords must agree not to evict the tenant for the duration of the ERA. The program will launch in August 2020 and run through the end of the year. • Applications for Emergency Mortgage Assistance will be available on August 24. The Emergency Rental Assistance Program (ERA) is expected to reach approximately 30,000 renters who are disproportionately impacted by the pandemic. The Illinois Housing Development Authority (IHDA) is launching a $150 million program with $5,000 grants to provide emergency rental assistance to Illinois tenants who are unable to pay their rent. • Applications for Emergency Rental Assistance will be available on August 10. Assistance can be provided for rent and utilities dating back to March 1st. The Emergency Mortgage Assistance Program (EMA)is expected to assist approximately 10,000 eligible homeowners who are unable to pay their mortgage. Eligible tenants must already carry an unpaid rent balance from March through present day and certify the reason they were unable to pay rent was due to COVID-19 related loss of income on or after March 1, 2020. Eligible tenants must already carry an unpaid rent balance from March through present day and certify that the reason they were unable to pay rent was due to a COVID-19 related loss of income on or after March 1, 2020. If you are interested in receiving updates directly from the State, you can sign up for them at: httsp://www2.illinois.gov/Pages/CommunicationsOptin.aspx The above information is provided in cooperation with Will County Center for Economic Development.Swipe for more from Patch » The assistance will be paid directly to the mortgagor’s loan servicer on behalf of the homeowner. Illinois offers families the ability to get emergency rental assistance, funds for paying security deposits, mortgage assistance, and help for utility bills from resources including the Homeless Prevention Program. More on Illinois rent assistance. Both programs are currently under development. The Emergency Rental Assistance Program (ERA) is expected to reach 30,000 renters who are disproportionately impacted by the pandemic. Homeowners’ income prior to the pandemic cannot exceed 120% of the area median income (AMI). The COVID Housing Relief Program is an emergency rent & utility assistance program to help Lake County, Illinois households whose incomes have decreased due to COVID-19. The program will launch in August 2020 and run through the end of the year. Eligible households may receive up to three-months’ rent (maximum assistance based on Fair Market Rent limits), according to need and as funds allow.
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emergency rental assistance program illinois