Local News

Governor signs package of affordable housing legislation

GOVERNOR JB PRITZKER IS SIGNING WHAT HE CALLS LANDMARK LEGISLATION TO INCREASE AFFORDABLE HOUSING OPPORTUNITIES FOR ILLINOIS RESIDENTS. 

 

THE NEW LAWS DIRECT 75 MILLION DOLLARS IN COVID RELIEF MONEY TOWARDS BUILDING AND REHABBING HOUSING IN AREAS OF THE STATE HIT HARDEST BY THE PANDEMIC SAYS THE GOVERNOR.

 

 

THE MEASURES EXTEND THE AFFORDABLE HOUSING TAX CREDIT, OFFER PROPERTY TAX INCENTIVES TO BUILDING OWNERS THAT IMPROVE THEIR PROPERTIES AND KEEP RENT AT REASONABLE RATES AND ALLOCATE 75 MILLION DOLLARS IN PANDEMIC RELIEF MONEY TO BUILD AND REHAB MORE RENTAL UNITS ACROSS THE STATE SAYS REPRESENTATIVE WILL GUZZARDI OF CHICAGO.

 

 

A NEW LAW ALSO EXPANDS THE STATE'S LOW INCOME HOME ENERGY ASSISTANCE PROGRAM TO INCLUDE UNDOCUMENTED RESIDENTS AND PRIORITIZES FAMILIES WITH YOUNG CHILDREN.

Townhall Top of the Hour News

Local Weather - Sponsored By:

CLINTON WEATHER

Local News

DeWittDN on Facebook