Quinn announces $200 million milestone for home heroes ownership

SHARE Quinn announces $200 million milestone for home heroes ownership

Gov. Pat Quinn on Friday announced that a state program has helpedmore than 1,600 veterans and active militarypersonnel buy a home, as theWelcome Home Heroes home ownership program reached a $200 million mark.

The governor’s office said that Quinn’s Illinois Jobs Now! construction program helped provide $20 million in assistance that went toward down payments and fixed-rate mortgages to former and current military families.

“Those of us on the home-front have a duty to protect those who have borne the battle,” Quinn said in a statement. “After they return from duty, we need to make sure our service members and their families can carry on with their lives and have a safe place to call home. That is whatWelcome Home Heroesis all about.”

The program provide $10,000 down-payment assistance to those eligible as well asa 30-year fixed rate mortgage with an affordable interest rate and a mortgage tax credit that reduces the buyer’s federal income tax liability by up to $20,000 over the life of the loan.

The governor’s office said that since the program’s launch three years ago,1,600 Illinois veterans, active military personnel, reservists and Illinois National Guard members have accessed more than $200 million to buy their homes.


The Latest
Mayor Lori Lightfoot said she is not at all surprised that City Council turnover would follow the two-year pandemic. “I think we’ll see some others who may also say ... ‘It’s time for me to move in a different direction.’”
The wounded were stopped at a red light about 3:45 a.m. in the 5100 block of West Jackson Boulevard when a red vehicle pulled alongside them and someone inside opened fire.
Little changes when these kind of shootings happen in Black communities. But now that it’s happened in a community that is mostly white and affluent, let’s see if things will change now.
The Sky went 9-2 in June and sit in first place in the Eastern Conference.
A male, whose age was unknown, was shot about 12:35 p.m. in the 4600 block of West Maypole Avenue.