COVID-19 Relief for Illinois Homeowners in 2022
As of February 23rd, 2022, the U.S. Department of the Treasury has approved the Illinois Homeowner Assistance Fund (ILHAF) program.
This program will provide assistance to Illinois homeowners who have undergone financial hardship as a result of the COVID-19 pandemic.
Applications will be accepted beginning in April 2022 for grants of up to $30,000.
What Can the Funds be Used for?
Up to $30,000 in grants can be applied towards various housing related costs, including:
Delinquent mortgage payments
Mortgage reinstatement (if forbearance was a result of the COVID-19)
Delinquent property taxes
Delinquent homeowners’ insurance
Delinquent HOA fees
Who is Eligible?
To be eligible, the homeowner applicants must:
have experienced COVID-19 related hardship after January, 2020.
be delinquent by at least 30 days on mortgage payments or property taxes.
currently own and occupy the property as their primary residence.
have income that is at or below 150% of the Area Median Income.
Proof of citizenship is not a requirement to apply.
How to Apply?
Applications will be accepted starting in April of 2022. There is a lot you can do ahead of time to streamline the process.
Educate Yourself
Find program details on the ILHAF site.
We highly recommend you register for an ILHAF Information Sessions. The session will provide valuable comprehensive information on topics including:
Mortgage basics
Foreclosure process
Loss Mitigation
ILHAF eligibility and application process
Other free resources available to you, including housing counseling and legal aid.
The next ILHAF Informational Webinar on Mortgage Assistance Options is on Tuesday, March 8, 2022 3:00 pm. Register here.
Consult with a professional
You will need a letter detailing efforts to resolve delinquency in order to apply for ILHAF assistance.
Gather your documents
Review the Acceptable Documentation list and be prepared to provide all required documents when the application opens in April 2022.
Find the ILHAF Acceptable Documents list here.
We Support You
At Long Grove Mortgage, we have an intimate understanding of the toll the pandemic has taken on families throughout Illinois. We know that homeownership can be one of the most rewarding achievements in life, but that it can also be a big source of distress at a time of unforeseen financial hardships.
Our team is available to all members of our community. Call us with questions about your mortgage. We’ll share our knowledge and insight, and direct you to additional resources for your financial recovery.
Contact us
847-634-2252
info@longgrovemortgage.com
NMLS #210846
