Pritzker Signs Rental Assistance Bill, Says He Will Phase Out Eviction Moratorium by August wsiu.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsiu.org Daily Mail and Mail on Sunday newspapers.
Gov. JB Pritzker announced Monday the state will plan to “phase out” its moratorium on pandemic-related evictions by August and launched a new program to provide assistance to renters and homeowners financially impacted by COVID-19.
The basic purpose of the bank is to obtain and rehabilitate properties before they become irreparable.
Additionally, it will allow for land assembly for larger redevelopment projects, improving the County Trustee auction process, increase the number of properties on the tax rolls, and expand maintenance resources of publicly controlled land to avoid negatively impacting property values.
A Peoria Land Bank Board will be established, as will the paid positions of land manager, community service inspector, and legal administrator.
District One Councilwoman Denise Jackson expressed contentment at the passage, though she said residents need to have input.
“I was glad to finally hear about the city moving forward on the proposal for the land bank. I heard about it quite a few years ago when I attended a regional neighborhood association meeting,” she said.