IHDA Releases Funding to Help Strengthen Neighborhoods

The IHDA recently announced that $8 million in funding has been made available for the state’s Abandoned Residential Property Municipality Relief Program (APP). The program is meant to help stimulate community redevelopment by eliminating blighted and abandoned residential properties.

The APP was first created in 2010 under the Save Our Neighborhoods Act. Funding for the program was expanded by subsequent legislation in June 2013. The current $8 million is part of the program’s fifth round of funding since its conception.

The APP application process is open to municipalities, counties and land banks and will remain open until Feb. 16. For more information about IDHA’s revitalization and repair programs or to apply for the APP, click here.

Sally Turner

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