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Location Focus: Illinois – Trying to Make Headway in Every Way

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It is administered by the Illinois Housing Development Authority (IHDA) and offers $7,500 in down-payment assistance with an interest rate as low as 3.75 In addition to driving the housing market, first-time homebuyers also invest in furnishings, appliances and home goods. ARLINGTON HEIGHTS: PRIMED TO GROW, THRIVE. Quinn said.