tax credit

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 #

Deering emphasized that Illinois families already shoulder some of the nation’s highest property taxes, much of which goes toward funding education. #scholarships #taxcredits #students

In 2025, Congress passed a key Republican bill that included creating a federal tax credit for donations to Scholarship Granting Organizations. #

The latest domestic policy plan signed by President Donald Trump on July 4 will increase available funding by 12% for a key tax credit used by developers to offset a portion of construction costs. #housing

This program allows individuals to receive a 100% federal income tax credit for donations to Scholarship Granting Organizations (SGOs). #schools

Next Gen is an opportunity for emerging developers across Illinois to gain knowledge in the Low-Income Housing Tax Credit (LIHTC) industry by providing access to affordable housing development training and project-specific technical assistance. #housing

The ordinance is aimed to provide relief to Cook County property owners, who otherwise would be forced to incur and expend unforeseen costs due to storm damage. #cookcounty