Illinois Launches the 'Hardest Hit' Program. Please pass this information along to all that might be in need of mortgage 
assistance due to unemployment, health issues, and the overall economy.
The new Illinois Hardest Hit program aims to help working Illinois families who are having trouble making mortgage payments due to unemployment or under-employment stay in their homes. The Illinois Housing Development Authority (IHDA) has partnered with the U.S. Department of Treasury to offer temporary mortgage payment assistance. Qualified homeowners can receive up to $25,000 over 18 months as a 10-year loan to keep mortgages current and make ongoing payments, including fees and penalties.
Do I qualify? What steps do I need to take?
You will have to write and submit a 'Hardship Letter' stating what happened to create your current situation.
Go to www.illinoishardesthit.org to learn more and get your questions answered. There is an online application.
This is the ONLY site offering information on this program.
This is great information to get out to our clients/public. There are ways to avoid foreclosures and that is where we have to start.