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Will County, IL
Affordable-housing capital events and public funding posture, from federal filings. 16 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 Will 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 |
| Aurora (city) | CDBG $1.2M · HOME $521,907 | — |
| Bolingbrook (city) | CDBG $391,424 | — |
| Joliet (city) | CDBG $924,055 | CDBG undrawn $1.5M · CDBG timeliness 1.6× |
| Naperville (city) | CDBG $566,165 | CDBG undrawn $582,056 · CDBG timeliness 1.0× |
| Will County (county) | CDBG $1.8M · HOME $1.2M | HOME undrawn $2.2M CDBG undrawn $3.5M · CDBG timeliness 1.9× |
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 |
|---|---|---|---|---|
| St Elizabeth Mhr-11183 | $1.5M | HOME | Illinois | 2018-12-14 |
| Cornerstone Rehab Of 3 Properties | $364,077 | HOME | Joliet | 2018-11-14 |
| Cornerstone Services Chdo -Rehab | $323,141 | HOME | Will County | 2016-11-21 |
| Sycamore Drive Group Home | $80,000 | HOME | Will County | 2014-01-10 |
| Housing Authority Of Joliet New Const. | $1.1M | HOME | Joliet | 2013-06-17 |
| Cornerstone Services Chdo -Edgewood | $80,000 | HOME | Will County | 2013-06-17 |
| St James Senior Estates Ii | $2.5M | HOME | Illinois | 2012-01-13 |
| Shorewood Horizon Senior Living Community | $2M | HOME | Illinois | 2012-01-13 |
| Wilmington Senior Housing Phase Ii | $3M | HOME | Illinois Housing Development Authority | 2011-09-19 |
| Zausa Drive Group Home | $50,000 | HOME | Will County | 2011-05-27 |
| Pioneer Road Apartments | $40,000 | HOME | Will County | 2011-05-27 |
| Senior Suites Of Joliet | $3.3M | HOME | Illinois | 2008-11-17 |
| Senior Suites Of Joliet | $1M | HOME | Joliet | 2008-06-08 |
| Construction Of Cornerstone Housing | $37,000 | HOME | Will County | 2006-09-18 |
| Cornerstone Services - Chodo | $80,000 | HOME | Will County | 2006-09-18 |
Pipeline snapshot
16 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.