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Increase to Mortgage Assistance in Illinois



Governor Pat Quinn's office says the Illinois Housing Development Authority is increasing the mortgage assistance available through the Illinois Hardest Hit program.

The increase in assitance will move to $35,000 per household across the state, effective April 1. The program's increase will mean help to an additional 500 families.

The Illinois Hardest Hit program was launched in 2011 as a way to help homeowners who experience an income reduction due to unemployment or underemployment in two ways: monthly mortgage payment assistance and reinstatement assistance.

(Posted 4:07 pm 03/15/13 by Ted Maguire

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