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Illinois Housing Development Authority (IHDA) Market Study Checklist

The items Illinois Housing Development Authority (IHDA) requires in the site, market area, economy and data-currency sections of a LIHTC market study, each with the guideline it comes from.

Source: Standards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) (Supplemental Professional Services Firm Requirements dated July 2026; standards body undated); read 2026-10-25 · Updated October 2026

Required items

Required itemWhere required
Area services table and map: Shopping and Related Services, Transportation, Educational Facilities (for properties serving families with children), Recreation, Health CareStandards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews, Section III.E
Public transit: discuss access, frequency and specific distance to major roads/highways and bus service with specific routesStandards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews, Section III.E.2
Major employers: major employers in the area with number of jobs; source indicatedStandards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews, Section III.F
Recent or planned employer expansions and reductionsStandards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews, Section III.F
Census-tract exhibits: list of census tracts (FIPS codes) in PMA; no poverty/migration/tract-map exhibit foundStandards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews, Section III.A
School rating: IllinoisReportCard.com (family properties)Standards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews, Section III.E.3
Study within 9 months of the applicationStandards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews & Professionals, Section III
Submission format: Summary Form fields reference page numbers of the studyStandards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews, Exhibit 1, 2027-2028 Site and Market Study Summary Form
Agency form: 2027-2028 Site and Market Study Summary Form (Exhibit 1) (completed outside StudyScribe)Standards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews, Exhibit 1
Analyst: NCHMA member firm; NCHMA Site and Market certification required (confirm before submission)Standards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews & Professionals, Section IV
Other exhibit: Lead exposure high-risk area determination by ZIP codeStandards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews, Section II.F
Other exhibit: Foreclosures / vacant and abandoned properties summaryStandards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews, Section IV.D
Other exhibit: Market Area Map with subject and compsStandards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews, Section VIII.B
Other exhibit: Comparable Property Survey (Exhibit 2)Standards for Site and Market Study Reviews & Professionals, 2027-2028 QAP (includes Standards for Site and Market Study Reviews and Supplemental Professional Services Firm Requirements) — Standards for Site and Market Study Reviews, Section VIII.C

LIHTC market study requirements in Illinois → — staleness window, capture-rate threshold, QAP link and the full section list.

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StudyScribe's Format for selector reorders the Market Data sections to this agency's order, uses its headings, and prints this checklist as the last page with each item marked present or missing — from BLS, Census, FBI and the other official sources, nothing estimated.

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This checklist restates Illinois Housing Development Authority (IHDA)'s published market study guidance as understood by StudyScribe on the date above; it is not legal or compliance advice. Confirm against the current guideline linked at the top before submitting.