Affordable Housing with The Housing Authority of Champaign County

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The Housing Authority of Champaign County is part of an elite group of Public Housing Authorities as 1 of only 39 agencies, or less than 1%, of all PHA’s in the country that have successfully received a Moving to Work Designation.

The Housing Authority of Champaign County has a statutory goal under its Moving to Work designation to expand housing choice. To meet this goal, HACC has embarked on an aggressive schedule to increase the number of affordable housing units developed and owned by HACC or its affiliates throughout Champaign County and in underserved rural communities of Illinois.

Bridges Enhancing Capacity will expand opportunities for Minority and Disadvantaged Business Enterprises and Section 3 Businesses to participate in HACC construction projects. Under the program, HACC will provide short term bridge loans to meet capital needs necessary to successfully comply with the initial 60-day construction period for the applicable trade.

HACC construction projects include all new and substantial rehabilitation construction work to be completed on a property owned directly or indirectly by HACC, or in which HACC or its affiliates have material participation in the project. Eligible subcontractors may apply to HACC for a bridge loan at the time the General Contractor confirms to HACC that they are the preferred subcontractor for the applicable trade.

 

A housing authority or ministry of housing is generally a governmental body that governs aspects of housing or (called in general “shelter” or “living spaces”), often providing low rent or free apartments to qualified residents.

For more information about the 75th Open House and Anniversary and the 2019 Gala for scholarship enrichment. Go to https://www.hacc.net

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