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Keicher: Housing authority offering rental, mortgage help

State Rep. Jeff Keicher speaks Oct. 9, 2018, at the Barsema Alumni and Visitors Center at Northern Illinois University during the announcement of NIU's involvement in the Illinois Innovation Network in partnership with the University of Illinois system. The Illinois Innovation Network brings together community leaders, innovation-minded groups, enterprises, and educational institutions on a common platform where they can connect with each other to further innovation and economic growth in Illinois.
State Rep. Jeff Keicher speaks Oct. 9, 2018, at the Barsema Alumni and Visitors Center at Northern Illinois University during the announcement of NIU's involvement in the Illinois Innovation Network in partnership with the University of Illinois system. The Illinois Innovation Network brings together community leaders, innovation-minded groups, enterprises, and educational institutions on a common platform where they can connect with each other to further innovation and economic growth in Illinois.

The Illinois Housing Development Authority is offering rental and mortgage assistance to eligible residents impacted by the COVID-19 pandemic, state Rep. Jeff Keicher, R-Sycamore, announced Aug. 4.

The Emergency Rental Assistance program will provide renters impacted by COVID-19 $5,000 for back rent and prepay through 2020, or until funds are exhausted. If approved, payment will be wired directly to the landlord within 10 business days, 15-20 days if by paper check. IHDA will accept applications through Aug. 21.

The Emergency Mortgage Assistance program will provide homeowners impacted by COVID-19 up to $15,000 to reinstate their mortgage and prepay through 2020 or until funds are exhausted. If approved, payment will be sent directly to the mortgage services in about 7-10 days after the homeowner signs a promissory note. A second payment will occur up to one month after the first. IHDA will accept applications through Sept. 4.

Visit era.ihda.org for eligibility information.

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