GRANTRADAR/Grant Programs/Foreclosure Prevention Program
Illinois StateDirect GrantStackable

Foreclosure Prevention Program

Administered by Illinois Housing Development Authority · Illinois

BENEFIT
Negotiated / contact agency
Deadline type: rolling

Eligibility Requirements

  • 1HUD-approved housing counseling agencies eligible
  • 2Provides free counseling to homeowners
  • 3Pre/post-purchase, foreclosure counseling, financial coaching
  • 4Funded via foreclosure filing fees

Eligible Project Types

ResidentialNonprofit
STACKING POTENTIAL

Foreclosure Prevention Program is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN
View the Foreclosure Prevention Program compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.