Illinois Housing Development Authority and LISC Open Applications to Grow the Next Generation of Housing Developers
CHICAGO – The Illinois Housing Development Authority (IHDA) and the Local Initiatives Support Corporation (LISC) announced today that individuals may now apply to be part of the 2026 class of the Next Gen Capacity Building Initiative (Next Gen), a program designed to expand the talent pipeline for emerging developers to gain knowledge in the Low-Income Housing Tax Credit (LIHTC) industry. Next Gen equips for-profit and nonprofit developers with critical training, technical assistance, and understanding of financial resources to bring affordable housing to life in communities across Illinois. “Next Gen is about opening doors for developers who are ready to shape the future of affordable housing in Illinois,” said Kristin Faust, IHDA Executive Director . “By expanding access to technical training and early-stage capital, IHDA and LISC are making sure that more voices and more communities can help our evolving housing needs. If you are a developer with a desir
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