Page 13 - இல்லினாய்ஸ் துறை ஆஃப் வர்த்தகம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Scooter s Coffee opens in Glen Carbon
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Small Illinois cities can now apply for share of $742 million in federal funds
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Gov. Pritzker signs new legislation expanding affordable housing
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FILE - a for rent sign stands in front of a home
On Thursday, Gov. JB Pritzker signed House Bill 2621 into law, creating new financing programs and tax incentives to support the creation and preservation of affordable housing in communities across Illinois.
The legislation includes several provisions aimed at reducing the shortage of affordable housing and builds on efforts to support housing stability in areas disproportionately affected by COVID-19. The bill passed both the House and Senate with unanimous bipartisan support.
Pritzker also signed Senate Bill 0265 into law, prioritizing access to the state s Low-Income Heating and Energy Assistance Program (LIHEAP) for families with young children and expanding access to undocumented residents.
New llinois laws create affordable housing for thousands, assist more families with utility payments
CHICAGO, Ill. – Many across Illinois struggle with homelessness. Leaders hope a new law can help build affordable housing for thousands of people in need.
House Bill 2621 created a large affordable housing plan using funds from the American Rescue Plan to build new homes. In short, the goal is to make sure everyone has access to a proper roof over their head.
The Illinois Housing Development Authority will have $75 million in federal funding to supplement buildings that qualify for low-income housing credits and develop new properties.
“That’s funding for 3,500 new rental units and thousands of families whose lives will be changed for the better as a result of the work of the General Assembly,” said Gov. JB Pritzker.
Gov Pritzker Signs Landmark Legislation Expanding Affordable Housing Funding And Incentives
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