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Madison County, IL
Affordable-housing capital events and public funding posture, from federal filings. 10 properties here have a capital event — a LIHTC year-15, an affordability expiration, a HAP contract expiration, or a published debt maturity — within 24 months.
Open Madison County in the app → property-level detail, contacts, filters, charts
Gap funding
| Grantee | FY26 allocations | Live posture |
|---|---|---|
| State Of Illinois (state) | CDBG $28.9M · HOME $15.3M | HOME undrawn $41M CDBG undrawn $108.1M |
| Alton (city) | CDBG $805,535 | — |
| Madison County (county) | CDBG $1.3M · HOME $772,760 | HOME undrawn $2.8M CDBG undrawn $3.9M · CDBG timeliness 3.0× |
Allocations are FY2026 HUD formula amounts (annual scale, not balances). "Undrawn" = obligated-not-yet-drawn on FY2020+ formula grants (USASpending, monthly), which may be committed to projects. Timeliness is a proxy for HUD's 24 CFR 570.902 standard (1.5× line); program income is not visible in public data.
Recently completed subsidized projects
| Project | Amount | Program | Grantee | Completed |
|---|---|---|---|---|
| Flax Meadows Ii Rental Housing Development | $500,000 | HOME | Madison County | 2026-03-26 |
| Edison Avenue Lofts | $600,000 | HOME | Madison County | 2022-11-09 |
| Edison Avenue Lofts | $2M | HOME | Illinois | 2022-05-31 |
| Highland Villas | $600,000 | HOME | Madison County | 2021-12-02 |
| Belle Manor | $1.8M | HOME | Illinois | 2019-06-18 |
| Woodland Park Apts | $900,000 | HOME | Madison County | 2018-06-25 |
| Belle Meadows Rental Rehab (Frmr Belle Manor) | $25,000 | CDBG | Madison County | 2018-04-19 |
| Belle Meadows Rental Rehab (Frmr Belle Manor) | $900,000 | HOME | Madison County | 2017-05-18 |
| May Apts | $625,000 | HOME | Illinois | 2016-10-27 |
| Defense Area Redevelopment Mhr-10718 509 3rd St. | $1.1M | HOME | Illinois | 2016-07-28 |
| Amys Crossing | $452,000 | HOME | Madison County | 2014-08-28 |
| Hampton Place Three | $400,000 | HOME | Madison County | 2013-12-02 |
| Park Manor | $300,000 | HOME | Madison County | 2013-08-06 |
| Twenty First Homes 2887 | $670,000 | HOME | Illinois | 2012-01-12 |
| Market Street Homes | $93,564 | HOME | Madison County | 2011-09-29 |
Pipeline snapshot
10 properties with a live capital event within 24 months. Property-level detail — names, owners, contacts, trigger dates, subsidy stacks — is in the interactive application.
Sources: HUD LIHTC database · HUD Multifamily Assistance & Section 8 · FHA/USDA loan files · FY26 CPD formula allocations · USASpending (DATA Act) · OCC Part 24 filings · FFIEC CRA · IDIS activity extracts. See the glossary for definitions and caveats.