housing affordability

House Bill 3564 requires new transparencies, specifically that all fees must be listed on the first page of a lease. It also prohibits application fees larger than $50 in most cases, any fee for a change or renewal of a lease, after-hours maintenance and multiple others. #centersquare #tenant #law

Gov. Pritzker also criticized the federal legislation, saying it reduced support for low-income Americans while providing tax benefits to higher-income individuals. #budget #democrats #policies

Housing advocates say the move represents one of the state’s most significant affordable housing investments in recent years and will help support the development and preservation of affordable homes across Illinois. #budget #affordablehousing #taxcredit

Illinois Senate Passes Homeowners Insurance Reform Backed by Sen. Willie Preston (Springfield, IL) - State Senator Willie Preston is backing newly passed legislation aimed...

Housing advocates say a mix of rising construction costs, elevated interest rates and limited public funding has made it increasingly difficult to complete affordable housing developments—even when federal assistance is available. #housing #tax #

Illinois housing affordability efforts pit tax cuts against new spending (via The Center Square) – As homeownership may be growing out of reach for...

The plan also includes new financial tools, such as expanded down payment assistance programs for first-time homebuyers, along with additional support for affordable and middle-income housing construction. #housing #proposal #costs

The Cook County assessor race is expected to draw significant attention as property tax concerns remain a central issue for homeowners and local governments alike. #assesor #debate #cookcounty