Welcome Home Illinois program gains traction in state

Illinois Gov. Pat Quinn listens to IAR President Phil Chiles during a meeting April 1, 2014 at the Illinois Association of REALTORS headquarters in Springfield. Quinn used the meeting to preview Welcome Home Illinois, a program for first-time homebuyers. From left are Mary R. Kenney, IHDA executive director; Gov. Quinn; Chiles; Mike Drews, IAR treasurer; and Michael D. Oldenettel, IAR immediate past president.

In a personal call Monday to IAR’s legislative affairs team, Gov. Pat Quinn said 730 buyers have signed up for the Welcome Home Illinois first-time buyers program.

Quinn told IAR more than $80 million in loans has been committed so far under the program, and more loans are expected due to interest by prospective homebuyers.

The governor previewed Welcome Home Illinois at a meeting April 1, 2014, with IAR’s leadership.

Welcome Home Illinois is administered through the Illinois Housing Development Authority. It offers down payment assistance, below-market interest rates and a variety of loan programs for buyers to choose from.

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

Illinois REALTORS® appeared with Quinn as he flew around the state in April to promote the housing program. He expressed his thanks for REALTOR® support for the initiative.

Quinn has a track record of working with REALTORS® to promote home ownership programs. Association members have worked with him on programs focusing on revitalizing Chicago-area communities and for providing loans to veterans and active-duty military personnel.

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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.