Basis Radar

Illinois

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

GranteeFY26 allocationsLive 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

ProjectAmountProgramGranteeCompleted
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.