The Illinois Housing Development Authority (IHDA) has announced the availability of $35 million to developers creating community-based supportive housing across the state.
The funds will be awarded in the third round of the state’s Permanent Supportive Housing Development Program, which has provided state capital funding for affordable and supportive housing since 2011. Approximately 300 supportive housing units were created under the first two rounds.
Under Gov. Pat Quinn, Illinois is moving away from a reliance on outdated institutions and moving toward a community-based care model, say IHDA officials. Since 2009, approximately 1,800 community-based supportive housing units have been financed in the state. In 2012, 20 percent of the multifamily units, or one in five, that IHDA financed were supportive housing.
Serving extremely low income residents with disabilities and people who have been homeless or are at risk of homelessness, supportive housing provides residents with a combination of permanent housing and supportive services.
The IHDA funds can be used for a variety of projects, including acquisitions, new construction, redevelopment or rehabilitation of vacant units, and the adaptive reuse of nonresidential properties. The State Referral Network, a statewide housing coordination service, helps connects residents to these units.
Applications are available at www.ihda.org under the Multifamily Developer tab. The deadline to apply is Sept. 9.
In other IHDA news, the agency announced that nine developments have been selected to receive housing tax credits in its first allocation round of the year.
