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Angela and Luis, a hardworking couple in their mid-50s who immigrated to Illinois from Colombia in 2020, decided to pursue homeownership for the first time after facing years of increasing rent. FHLBank Chicago member, Midland States Bank, referred them to Consumer Credit Counseling Service, a beneficiary of our Housing Counseling Resource Program in partnership with IHDA. They received pre-purchase counseling which enabled them to receive $10,000 in down payment assistance through our DPP Program. Angela and Luis proudly achieved the American Dream, closing on their home in Elgin, Illinois in September 2023. Their journey underscores the transformative impact of accessible housing counseling and downpayment assistance in achieving homeownership.
Homeowners Angela and Luis sitting in their new home in the vibrant community of Elgin, Illinois.