The Illinois Housing Development Authority (HDA) launched IHDAccess Home (Access Home), a new program offering up to $15,000 in down payment and closing cost assistance for eligible first-time homebuyers statewide. The initiative expands IHDA’s popular Access mortgage suite and is designed to help more working families achieve homeownership amid rising housing costs. In addition to unlocking existing housing potential in communities across the state by legalizing more diverse types of housing, BUILD will provide $50 million to help IHDA run successful down payment assistance programs that create homeownership opportunities for those traditionally experiencing barriers. Eligibility is based on the borrower’s credit profile, household income, and the purchase price of the home. In addition, potential homebuyers are required to complete pre-purchase homeownership counseling to ensure they are making the best decision for themselves. Prospective buyers can find a participating lender to learn more, at www.ihdamortgage.org.