Illinois mortgage assistance is open again

QUINCY (WGEM) – Help is available for Illinois families struggling to meet their mortgage payments as the state brings back a program to help those affected by the COVID-19 pandemic.

The Illinois Homeowners Assistance Fund can provide up to $30,000 to eligible homeowners for past due or future payments.

Two Rivers Regional Council housing co-ordinator Elaine Davis said she has seen more and more people asking for help with rent and mortgage assistance. She said they can help people determine their eligibility and put together their applications for this program.

“The mortgages tend to be a little bit higher than their rent sometimes and if they’ve been, you know, where they lost their jobs, they just couldn’t get back on their feet,” said Davis. “It will be extremely beneficial for them to be able to get up to $30,000 in assistance where they can stay in their home.”

Community Services Director Becky Pruden said since September they have seen a 75 per cent increase in the number of people asking for help in the four counties they serve, including inquiries about services utilities, rent and mortgage assistance.

“A lot of it is inflation, the high cost of almost everything we do,” she said. “Food costs, utility costs, gas costs, all of that plays a big role in a family that works minimum wage, but they work and they earn minimum wage. They suffer, they are in pain.

She said mortgage assistance can help free up a lot of dollars for families so they can either save money or invest that money in something else.

Some eligibility requirements include being at least 30 days behind on their monthly housing payments and a household income at or below 150% of the area median income.

Davis encourages those with more questions about eligibility or what they will need to contact her. She said they could either call (217) 224-8171 and ask for Elaine Davis or call (217) 718-5846.

The state said updates on the program can be found here. The deadline to apply is January 31, 2023.

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