# Illinois Announces $156M Housing Investments

Illinois announced $156 million in housing investments, including $103 million in new FY2027 BUILD funding, creating upcoming funding opportunities for affordable-housing developers and municipalities. The nearest opportunity is the Illinois Housing Development Authority’s (IHDA) $50 million Permanent Supportive Housing Development Program round, expected to open in November 2026 and support an estimated 187 units. A separate $20 million New Homes Illinois funding request for municipalities is expected in spring 2027; IHDA also approved $76 million in affordable-housing financing earlier in 2026.

- Developers can prepare for the expected November 2026 supportive-housing round, which includes **$14 million in BUILD funding** and supports creating or preserving affordable homes with supportive services.
- Municipalities can plan for the spring 2027 New Homes Illinois request, which supports starter-home construction through local government–developer partnerships and purchase assistance; the initiative includes **$3 million in BUILD funding**.
- IHDA’s earlier $76 million in Low-Income Housing Tax Credit financing and BUILD support went toward affordable-housing construction and preservation across 15 Illinois counties, indicating additional activity for developers working on these projects.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure
**Topics:** Grants & Funding, Physical Infrastructure
**Published:** October 29, 2026

### Government Entities
- State of Illinois
- Illinois Housing Development Authority (IHDA)
- Illinois Office to Prevent and End Homelessness

### Key Quotes
> Looking forward, we must also confront the regulations that make it harder and more expensive to build housing so that the door to homeownership is opened to more Illinoisans.
> — JB Pritzker, Governor of Illinois

> The good news is that we are facing this reality head on. Nearly 33,000 homebuyers bought their home with an IHDA Mortgage in the past five years alone, and with this additional investment in the Opening Doors program, we can help thousands more as they put down roots in communities across Illinois.
> — Kristin Faust, Executive Director of IHDA

### Sources
- [The State of Illinois Newsroom](https://gov-pritzker-newsroom.prezly.com/gov-pritzker-announces-156-million-in-funding-for-housing) - IL