This Issue: Housing Programs for Veterans
|
The Veterans Affairs Quarterly Newsletter highlight various topics to provide assistance and guidance through outreach and support services.
This quarter’s newsletter features housing programs for veterans.
|
|
 |
The Road to home Ownership with VA Home Loan Programs
VA home loan programs are available to help veterans and surviving spouses buy, build or improve a home or refinance a current home loan—including VA direct loan and VA-backed loans. Learn more about available programs and find out if you are eligible to receive a Certificate of Eligibility for a loan that meets your needs.
For more information on this program, click here.
The Illinois Housing Development Authority (IHDA) provides resources to guide individuals and families through the home ownership process. Through their network of trusted partners, someone will be with you every step of the way. Using an IHDA mortgage product, ensures that you can afford the home you buy. IHDA mortgage products are ideal for borrowers who need extra flexibility or who have limited funds for down payment and/or closing costs yet have the financial means to maintain monthly mortgage payments.
For more information, click here.
Permanent Rental Housing
The Housing Authority of Cook County (HACC) has opened the site-based wait list for fully furnished studio units at Freedom’s Path III, a permanent supportive housing community serving homeless veterans, located on the Edward Hines, Jr. VA Medical Campus, 5000 S. 5th Ave., Building 214, Hines, IL 60141. This is a rent assistance program where the residents pay 30% of their income towards rent, while the HACC subsidizes the remainder of the rent.
Applications will be available beginning on Monday August 30, 2021 at 10:00am and will close on Friday, September 3, 2021 at 4:00pm. To apply, applicants need to log onto the HACC’s website at www.thehacc.org and click on link in the banner at the top of the home page. Applications must be submitted electronically through the website; no other form of application will be accepted.
If you need assistance or require a reasonable accommodation, please send an email to PBVwaitlist@thehhacc.org and put Freedom’s Path III in the subject line of the email.
True North Project
The True North Project through Volunteers of America provides supportive services and interventions that are tailored to meet the unique needs of each veteran.
Their services include moving veterans from homelessness to homefullness
- high quality, stable housing that gives veterans a safe place to belong
- preventing veterans who are at-risk of losing their housing from becoming homeless
- assisting veterans in finding and sustaining meaningful employment to provide stability and economic independence
for information on these and other supportive services, call 312.564-2300 or click here.
Did You Know?
Small Business Owners! Let’s Get Back2Business!
The Illinois Department of Commerce and Economic Opportunity (DCEO) has launched the new $250M Back2Business Grant Program. This program offers funding opportunities for small businesses, hard-hit industries and disproportionately impacted businesses in their recovery from the COVID-19 pandemic. Cook County is here to help you apply and secure the funds.
Businesses can schedule appointments or get more information here: cookcountysmallbiz.org or call the Cook County Back2Business Hotline: 872.304.2785 with questions.
Veteran Property Tax Exemptions
The Cook County Assessor’s Office administers property tax exemptions to qualified veterans. These exemptions reduce the equalized assessed value (EAV), or taxed value, of a home. Click here for more information. You may qualify for the Returning Veterans Exemption, the Veterans with Disabilities Exemption or another exemption.
Other Resources
U.S. Department of Veterans Affairs
Illinois Department of Veterans' Affairs
Ways to Stay Connected
Please share this information with family and friends. We will continue to help each other.
|
