GRANTRADAR/Grant Programs/Next Gen Capacity Building Initiative
Illinois StateDirect GrantStackable

Next Gen Capacity Building Initiative

Administered by Illinois Housing Development Authority · Illinois

BENEFIT
Negotiated / contact agency
Deadline type: annual

Eligibility Requirements

  • 1Emerging affordable housing developers
  • 2Focus on BIPOC developers and diversity
  • 3Training and technical assistance for LIHTC program
  • 4Pre-development loan available after completing curriculum

Eligible Project Types

Affordable Housing
STACKING POTENTIAL

Next Gen Capacity Building Initiative 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 Next Gen Capacity Building Initiative compliance checklist →

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