| 2025 Funding Agent for the IHDA Affordable Housing Program | |||||
|---|---|---|---|---|---|
| Mission Statement | The Department of Revenue serves as the funding agent for the Illinois Housing Development Authority (IHDA). In fiscal year 2024, this responsibility shifted to the Department of Human Services. | ||||
| Program Goals and Objectives |
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| Source of Funds | Build Illinois Bond Fund | Statutory Authority | 310 ILCS 65 | ||
| Fiscal Year 2026 Target/Projected | Fiscal Year 2025 Actual | Fiscal Year 2025 Target/Projected | Fiscal Year 2024 Actual | Fiscal Year 2023 Actual | |
|---|---|---|---|---|---|
| Input Indicators | |||||
| Total expenditures - all sources (in thousands) | N/A | $ 0.0 | N/A | $ 52.7 | $ 638,576.3 |
| Total expenditures - state appropriated funds (in thousands) | N/A | $ 0.0 | N/A | $ 52.7 | $ 638,576.3 |
| Average monthly full-time equivalents | N/A | N/A | N/A | 0.0 | 0.0 |
| Total expenditures - operations (state appropriated funds) | N/A | N/A | N/A | N/A | $ 5,541.5 |
| Total expenditures - grants and refunds (state appropriated funds) | N/A | N/A | N/A | N/A | $ 633,034.9 |
| Output Indicators | |||||
| Number of homes financed | N/A | N/A | N/A | N/A | 6,449 |
| Number of affordable rental housing units created | N/A | N/A | N/A | N/A | 4,672 |
| Number of permanent supportive housing units developed | N/A | N/A | N/A | N/A | 495.0 |
| Number of people connected to foreclosure prevention resources | N/A | N/A | N/A | N/A | 1,902 |