Welcome Home Heroes down payment assistance for veterans

 Illinois Housing Development Authority
 

Launched to honor those who sacrifice to safeguard our freedom, Welcome Home Heroes is open to all qualified Illinois veterans, active military personnel, reservists and Illinois National Guard members.
The Welcome Home Heroes homebuyer financing package includes:
• a $10,000 forgiveable loan over two years for down payment and closing cost assistance
• a 30-year fixed rate mortgage that has an affordable interest rate 
• an optional mortgage credit certificate to reduce federal income tax liability. 
Eligibility
• Veterans (who need not be first-time homebuyers)
• Active military personnel, reservists and Illinois National Guard members (must be first-time homebuyers)
• Buyers must qualify based on income and purchase price limits.
 
Learn more about how to apply