Items tagged: IHDA

City Applies for Illinois Housing Development Authority Abandoned Property Program Grant

The Neighborhood Services Department (NSD) applied to the Illinois Housing Development Authority (IHDA) for $75,000 in their recent Round 3 Funding Cycle. The purpose of the grant program is to use funding in the Abandoned Residential Property Municipality Relief Fund for costs incurred for the securing, maintenance, and demolition of abandoned residential properties. The funding […]


Low-Income Housing Tax Credits Awarded to Bristol Place Redevelopment

The City of Champaign is pleased to announce that earlier today the Illinois Housing Development Authority awarded Oak Grove Development Corporation (an affiliate of the Housing Authority of Champaign County), in partnership with the City of Champaign and AHDVS, LLC, low-income housing tax credits for the Bristol Place redevelopment project.  The tax credits were awarded […]


Bristol Place Master Developer Submits Pre-application for Redevelopment

On behalf of the Bristol Place redevelopment partners, AHDVS, LLC, submitted to the Illinois Housing Development Authority (IHDA) a pre-application for the 9% low income housing tax credits (LIHTC). LIHTC provides the majority of funding for affordable housing rental developments across the nation and the 9% tax credits are highly competitive. IHDA will review the […]


City Receives Grant to Fund Demolitions

On February 17, Neighborhood Services staff received notification from the Illinois Housing Development Authority that the City’s application for $75,000 in the Abandoned Residential Property Grant program will receive $74,500 in funding. This is the City’s second successful application for IHDA demolition funding, with the first occurring in 2013. The additional funds provided will be utilized […]