About IHDA Investor Relations
The Illinois Housing Development Authority (IHDA) is an independent bonding authority created by the state legislature to finance the creation and preservation of affordable housing in Illinois. IHDA accomplishes this mission by selling bonds and other debt instruments (collectively Bonds) in the capital markets and using the proceeds to finance affordable mortgages for low- or moderate-income homebuyers and the production of affordable rental housing. Since it was established in 1967, IHDA has provided more than $18 billion for affordable housing in Illinois.
IHDA’s ability to efficiently and cost-effectively access the bond and capital markets is due to the strength of its issuer credit ratings earned over five decades of consistent financial performance. Due to the Authority’s secure fiscal position, expert operations and long track record of meeting its Bond obligations, IHDA has successfully maintained credit ratings of A1/AA-/AA- from the nationally recognized rating agencies of Moody’s Investors Service, Standard & Poor’s and Fitch Ratings respectively.
On behalf of the Illinois Housing Development Authority, I would like to welcome you to our new investor relations website. We appreciate your interest and investment in bonds issued by the Authority, as it allows us to make critical investments in public infrastructure throughout Illinois. We are committed to maintaining our strong bond ratings, and we are also committed to being as transparent as possible with the investor community and public at large.
I hope you find this website useful as you seek to better understand the credit fundamentals of the Illinois Housing Development Authority. Please do not hesitate to contact our office with suggestions for how we can be doing better. Thanks again for your interest in our bond program.