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
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 #
The funds, awarded to 30 housing counseling agencies across the state, aim to help residents build credit, understand the homebuying process, and maintain long-term financial stability. counseling
“This development doesn’t just provide quality housing. It restores hope, stability, and opportunity to families while transforming once-abandoned property into a cornerstone of community pride.” #development