State Incentives for Those in the Market for Illinois Homes
Posted in Home on April 27th, 2008Speaking from a personal status and as a renter who has not taken the plunge to invest in a house yet, I was reading up on the Illinois state web pages and found some incentives for buying a house with my kind of income bracket. I found it to be pretty cool. Keep in mind that my income bracket is of the low kind, but not exactly excluding me totally from buying a house. So if I was looking to invest in some Illinois real estate, I would certainly take a look in this house buying incentive.
State Matching Funds
The incentive is called REACH and it’s used in conjunction with the Illinois Housing Development Authority and businesses who participate. So, if you are working with a company or employer who signs up with IHDA, you can get some extra cash in padding your house down payment expense.