The Illinois Housing Development Authority (IHDA), in collaboration with the Local Initiatives Support Corporation (LISC), has launched the latest round of the Next Gen Capacity Building Initiative, a program aimed at increasing affordable housing across the state.
Boosting Affordable Housing through Diversity
As the demand for affordable housing continues to grow in northern Illinois and beyond, this initiative seeks to boost the pipeline of diverse, skilled developers who can help meet the housing needs of underserved communities, according to an IHDA press release.
Governor JB Pritzker emphasized the importance of this initiative, noting that it plays a key role in ensuring every Illinois resident has access to affordable and quality housing.
By equipping BIPOC developers with the training and resources they need, the Next Gen Capacity Building Initiative is boosting the supply of affordable homes and paving the way for a more inclusive housing industry. -Governor JB Pritzker…