(IOCI RADIO) – Illinois is relaunching the “Opening Doors” homebuyer program.
“Opening Doors” is designed for lower-income borrowers and households of color, offering a 30-year mortgage with a fixed interest rate and a $6,000 down payment. Many won’t have to pay it back, Illinois Housing Development Authority spokesperson Andrew Field said.
Those interested can find more information about the program and participating lenders here.