Board meetings, strategic plans, and buyer signals from Faisal Ghauri’s organization
Jan 1, 2027·StrategicPlan
Board
Illinois Housing Development Authority Qualified Allocation Plan 2027-2028
The 2027-2028 Qualified Allocation Plan for the Illinois Housing Development Authority establishes a framework for the allocation of Low-Income Housing Tax Credits. Developed through collaboration with stakeholders, the plan prioritizes cost containment in affordable housing, serving vulnerable populations, and ensuring statewide equity. It aims to provide clear administrative guidance, enhance transparency and predictability for applicants, and implement a flexible scoring structure to drive innovation and strengthen affordable housing investments across Illinois.
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Illinois Housing Development Authority Board Meeting Minutes
The board meeting included the recognition of employees for service milestones. Key agenda items included the approval of various procurement agreements for consulting and software services, adjustments to multifamily and asset management programs, and ratification of financial management activities. The board authorized the issuance of revenue bonds and approved the creation of a new Community Down Payment Assistance Program in partnership with DuPage County. Additionally, the board approved the 2027-2028 Low Income Housing Tax Credits Qualified Allocation Plan and received a presentation regarding the 21st Century ROAD to Housing Act.
Jul 24, 2026·BoardMeeting
Board
Illinois Housing Development Authority Finance Committee Finance Committee Meeting Minutes
The committee reviewed the consolidated interim financial statements, detailing revenue and expense performance for the fiscal year. Updates were provided on the multifamily development pipeline and single-family homeownership reservations, including demographic data. The committee discussed the investment portfolio, approved the issuance of 2026 Series HIJK revenue bonds, authorized the payment of audit invoices, and recognized the authority's achievement of a Certificate of Achievement for Excellence in Financial Reporting.
Jun 26, 2026·BoardMeeting
Board
Illinois Housing Development Authority Board Meeting Minutes
The Board meeting focused on various housing and development resolutions. Key items included employee recognition, the adoption of a consent agenda featuring procurement contracts, insurance brokerage services, asset management adjustments, and multifamily site authorizations. The board reviewed and approved state tax credit allocations for multiple housing projects and 9% LIHTC awards across several regions. Additionally, the Authority approved a conduit loan for Continental Plaza Apartments, grants for the Re-entry Special Demonstration Program, the administration of the FY27 Court-Based Rental Assistance Program, and a loan for the new Co-op Share Loan Program. The meeting concluded with an update on the FY27 State Budget.
Extracted from official board minutes, strategic plans, and video transcripts.
