Governor Pritzker has extended an Illinois moratorium on evictions until July 31st, and has also announced that a new state grant program will begin in August to help those who are behind on rent.
The rental program will be run by the Illinois Housing Development Authority offers grants of up to $5,000 to provide emergency rental assistance. Assistance will be paid directly to a property owner or landlord on behalf of the tenant, and landlords accepting assistance must agree not to evict the tenant for the duration of the agreement. Applicants must demonstrate that they they are not able to afford rent due to COVID-19 related income loss.
A similar emergency mortgage program (also expected to launch in August) will offer grants of up to $15,000 to homeowners who need support with mortgage payments.
Eligible homeowners’ must have had an income not exceeding 120% of the area median income prior to the pandemic, and must also be able to certify that the reason they could pay their mortgage in full was due to a COVID-19-related loss of income.
Grants from both programs will be allotted on a first-applied, first-approved basis.
For more information about the Governor’s announcement: https://www.rrstar.com/news/20200618/gov-pritzker-extends-eviction-moratorium
Check the IHDA website in the upcoming weeks for more information about how to apply: https://www.ihda.org/about-ihda/covid-19-housing-resources-information/