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New llinois laws create affordable housing for thousands, assist more families with utility payments CHICAGO, Ill. – Many across Illinois struggle with homelessness. Leaders hope a new law can help build affordable housing for thousands of people in need. House Bill 2621 created a large affordable housing plan using funds from the American Rescue Plan to build new homes. In short, the goal is to make sure everyone has access to a proper roof over their head. The Illinois Housing Development Authority will have $75 million in federal funding to supplement buildings that qualify for low-income housing credits and develop new properties. “That’s funding for 3,500 new rental units and thousands of families whose lives will be changed for the better as a result of the work of the General Assembly,” said Gov. JB Pritzker.

United statesGuzzardid chicagoKaren davisBarbera hernandezd auroraIllinois department of commerceIllinois housing development authorityEnergy assistance programAmerican rescue planGeneral assemblyIllinois affordable housing tax creditExecutive director karenWill guzzardiLow income heatingEnergy assistanceMike hastingsD tinley park