Pritzker Administration Relaunches “Opening Doors” Homebuyer Assistance Program

Lawndale News Chicago's Bilingual Newspaper - Business

Governor JB Pritzker announced the reopening of a homeownership program designed to help working-class families and underrepresented communities of color throughout the state of Illinois. Offered through the Illinois Housing Development Authority (IHDA), the Opening Doors or Abriendo Puertas program is designed to aid lower-income people of color who have historically faced steeper barriers in their path toward homeownership with $6,000 in forgivable assistance for down payment and/or closing costs. This latest round of assistance is funded through $8 million in state Rebuild Illinois capital funds and is expected to assist more than 1,300 potential homebuyers. Originally launched in December 2020, Opening Doors has assisted more than 7,100 first-time and repeat homebuyers with $43 million in Rebuild Illinois capital funds. Under Opening Doors, IHDA will provide a 30-year 1st mortgage with a fixed interest rate and $6,000 in down payment and/or closing cost assistance. The down payment assistance is forgiven after five years, and no monthly payment is due from the borrower. Borrowers must meet all eligibility requirements established for IHDA’s down payment assistance programs, and homebuyer education is required. Interested homeowners can find additional information and a list of participating lenders at

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