illinois housing

State officials said the program is designed to help communities re vitalize distressed neighborhoods, create new housing opportunities, and spur local economic growth. #chicago #housing #vacantlots

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

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

The initiative, known as Next Gen, offers both for-profit and nonprofit developers specialized training in the Low-Income Housing Tax Credit (LIHTC) program — a key federal tool used to finance affordable housing projects. #housing

“By leveraging the Low-Income Housing Tax Credit to spur millions in private development, we’re offering real housing solutions for working families, seniors, and veterans while creating jobs in construction and revitalizing communities up and down the state.” #taxcredits