$67.5 million in fall financing is available to novice buyers

First-time home shoppers will get some extra help from the statethis fall - more mortgage money at below-market interest rates.

The Illinois Housing Development Authority is set to issue $72million in tax-free bonds to finance a new round of loans, said RogerMorsch, single-family housing manager for the state agency.

The bond sale will make $67.5 million in mortgage moneyavailable starting in mid-September, from lenders throughout thestate. Interest rates should be a cut below the prevailing 10percent interest rate.

Details of the program haven't been set. But within the lastyear, when market rates were higher, the authority made loan moneyavailable at 8.58 …