The Illinois Homeowner Assistance Fund (ILHAF), a program run by Illinois' housing authority and financed through the federal American Rescue Plan Act, officially closed on October 31, 2023. The roughly $300 milliion fund helped more than 15,000 Illinois homeowners, who received financial assistance to stay in their homes. This marks the end of a major Covid-19 aid directed at homeowners, which likely helped to prevent widespread foreclosures during the pandemic.

“One of the reasons why we didn’t have a foreclosure crisis from Covid … is because the state and federal government, upfront, took much more aggressive actions to protect homeowners,” said Kristin Faust, the executive director of the Illinois Housing Development Authority.

Although ILHAF may be closed, there are still other measures that homeowners can take to save their home from foreclosure. At The Law Center, we are a team of specialists that are passionate and up to date about the foreclosure process from start to finish and helping homeowners at the highest level. Our staff and attorneys approach each client and each property as a new challenge, one that requires thorough analysis, zealous representation, and thoughtful strategy. It’s your home, let The Law Center help you defend it.

Call us now and speak with a foreclosure expert on how you can make the foreclosure process work for you -- not against you. (312) 600-8815