About the Illinois Hardest Hit Program

The final date to apply for the Illinois Hardest Hit Program® (HHF) was September 30, 2013. At this time we are no longer accepting applications.

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The Obama Administration established the Hardest Hit Fund (HHF) in February 2010 to provide targeted assistance to families in states hit hardest by the economic and housing market downturn. Authorized by the Emergency Economic Stabilization Act of 2008, the Troubled Asset Relief Program (TARP) funds have been used to provide an unemployment bridge program that pays a portion of a borrower’s mortgage payment while unemployed or substantially underemployed. The U.S. Department of Treasury allocated a total of $7.6 billion for this program.

The Illinois Housing Development Authority (IHDA) was approved by Treasury to receive $445,603,557 for statewide disbursement to assist Illinois homeowners struggling to meet their mortgage obligations through the Illinois Hardest Hit Program. The program will assist homeowners who have experienced an income reduction due to unemployment or substantial underemployment in two ways: Monthly Mortgage Payment Assistance and Reinstatement Assistance. The assistance allows eligible households to maintain their home while they work to regain employment and financial stability.

Borrower eligibility criteria can be found on the home page. The Required Documentation Checklist provides homeowners with a list of all the documents required to complete the application online. Overall program parameters are documented in IHDA's Proposal to Treasury, Agreement with Treasury, and the latest revised Summary Guidelines.

IHDA is a self-supporting state agency that finances the creation and preservation of affordable housing throughout Illinois. IHDA accomplishes its mission through a number of federal and state funding sources. View IHDA's Audited Financial Statements for FY 2015 .

Lender Participation

Lender participation in the HHF program is required to approve homeowners for assistance. Not all applicants may have a lender currently participating in the program. For copies of the necessary forms, please download them here. If you have questions concerning lender participation in the Illinois HHF program please call 855-873-7405.

Reporting

The Illinois Housing Development Authority submits Quarterly Performance Reports to US Treasury to provide a status of the Illinois HHF Homeowner Emergency Loan Program (HELP), the Mortgage Resolution Fund (MRF), the Home Preservation Program (HPP) and the Down Payment Assistance Program (DPA). Reports are due to Treasury within 45 days of the close of the quarter and posted upon approval. Quarterly reports now available for viewing.


Illinois HHF Fourth Quarter Performance Report 2015

Illinois HHF Third Quarter Performance Report 2015
Illinois HHF Second Quarter Performance Report 2015
Illinois HHF First Quarter Performance Report 2015

Illinois HHF First Quarter Performance Report 2014
Illinois HHF Second Quarter Performance Report 2014  
Illinois HHF Third Quarter Performance Report 2014  
Illinois HHF Fourth Quarter Performance Report 2014  

Illinois HHF First Quarter Performance Report 2012
Illinois HHF Second Quarter Performance Report 2012
Illinois HHF Third Quarter Performance Report 2012
Illinois HHF Fourth Quarter Performance Report 2012






Illinois HHF First Quarter Performance Report 2013
Illinois HHF Second Quarter Performance Report 2013
Illinois HHF Third Quarter Performance Report 2013
Illinois HHF Fourth Quarter Performance Report 2013

Illinois HHF First Quarter Performance Report 2011
Illinois HHF Second Quarter Performance Report 2011
Illinois HHF Third Quarter Performance Report 2011
Illinois HHF Fourth Quarter Performance Report 2011

Contact psellke@ihda.org with questions about HHF data.
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