Quinn, REALTORS® tout benefits of Welcome Home Illinois program

Gov. Pat Quinn was in southern Illinois on Thursday, April 24, 2014, to promote the Welcome Home Illinois program.

On hand for the event were Illinois REALTORS® including Meghan Aloffo and Jeff Moss, who talked about the importance of housing to the state’s economy and the benefits of the program.

Quinn made stops in Marion and Collinsville as part of the promotional tour.

REALTORS® including Jeff Moss were on hand for promotion of the Illinois Welcome Home program in Collinsville, Ill., on April 24, 2014. Gov. Pat Quinn was in attendance. Photo by Kyle Anderson.

The Welcome Home Illinois program is administered through the Illinois Housing Development Authority and:

  • Can offer up to $7,500 cash assistance to help with a downpayment.
  • Provides a 30-year, fixed-rate mortgage at a below-market interest rate.
  • And the effort provides several loan programs to choose from.

Those eligible for the program must pay $1,000 or 1 percent of the purchase price, whichever is greater, purchase a one- or two-unit property and live in the property as a primary residence.

The full details are outlined on the program’s website.

Quinn kicked off promotion of the program on April 14 with a trip to several northern Illinois cities. Illinois REALTORS® were on hand for the announcements there. He also discussed the program with REALTORS® during meetings held during IAR’s Capitol Conference and Lobby Day.

This entry was posted in Uncategorized by Jon Broadbooks. Bookmark the permalink.

About Jon Broadbooks

Jon Broadbooks is Director of Communications for the Illinois Association of REALTORS®. He supervises and carries out the implementation of the communications programs for the Association. He directs and supervises the Communications staff. He is responsible for coordinating and implementing the public relations and media relations efforts for the Association and acts as spokesperson and liaison to the statewide news media. He serves as editor of online and print content for IAR communications including the Illinois REALTOR® magazine and e-newsletters. He conducts IAR spokesperson training seminars and oversees the operation of website development for the Association.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>