Illinois to get $279 million more for mortgage help
SPRINGFIELD -- Illinois will get $279 million in federal money to help homeowners who are out of work pay the mortgage.
The Obama administration approved the Illinois Housing Development Authority's plan to use the money for foreclosure prevention.
Illinois already received $166 million in August for similar assistance.
The state's program is called the Hardest Hit Fund
The housing authority expects to open the application period next spring. Other foreclosure-prevention assistance is currently available.
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