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Castro highlights mortgage assistance for homeownersELGIN – State Senator Cristina Castro is encouraging homeowners who had trouble making mortgage payments due to the COVID-19 pandemic to take advantage of an upcoming mortgage assistance program that will open for applications on Tuesday, Nov. 1.

“This program will provide crucial security to homeowners in Illinois who have struggled during the pandemic,” said Castro (D-Elgin). “Families should not face foreclosure and homelessness due to their inability to make all mortgage payments in full while a global pandemic was devastating the economy and our communities.”

The Illinois Homeowner Assistance Fund, administered by the Illinois Housing Development Authority, will provide up to $60,000 in mortgage assistance to eligible homeowners — paid directly to the servicer, taxing body or other approved entity — while homeowners work to regain their financial footing. Whether homeowners have a mortgage, a reverse mortgage, or are mortgage-free, the program can fund past due housing payments and up to three months of prospective mortgage payments.

To qualify for ILHAF assistance, Illinois homeowners must have experienced a financial hardship due to the COVID-19 pandemic after Jan. 21, 2020 (including a hardship that began before Jan. 21, 2020, but continued after that date). They also must currently own and occupy their home in Illinois as their primary residence, be at least 30 days late on their monthly housing payments and have a household income at or below 150% of the area median income.

“Illinoisans who have already struggled a great deal deserve stability and security,” Castro said. “I encourage all eligible homeowners, whether they have a mortgage, reverse mortgage or are mortgage-free, to take advantage of this free program.”

The program is free and funds do not need to be repaid. Application, program information and updates can be found at Applications will be accepted until 11:59 p.m. on Tuesday, Jan. 31, 2023. Interested homeowners are strongly encouraged to attend an information session hosted by IHDA or one of its housing partners. The session schedule is posted online at For those without access to a computer or the internet, please contact the ILHAF hotline at 1-866-IL-HELP (866-454-3571).